Trump says $500M deal with Harvard on trade schools
15 hours ago
- #Trade Schools
- #Harvard-Trump Deal
- #Federal Funding
- President Trump announced a potential deal with Harvard involving $500 million for trade schools focused on AI and other skills.
- The deal, not yet finalized, would involve Harvard running trade schools, with the funds directed towards this initiative.
- This announcement follows stalled talks and a judge's ruling against the Trump administration's block on $2.7 billion in federal grants to Harvard.
- Trump mentioned that reaching a deal would mean Harvard's 'sins are forgiven,' referencing ongoing federal investigations.
- The proposed agreement resembles a previous settlement with Brown University, though Harvard's involvement in directly running trade schools is unique.
- The Trump administration has increased pressure on Harvard, including launching federal suspension and debarment proceedings.
- Harvard leaders, including Penny Pritzker and John F. Manning, have been unclear or skeptical about the deal's status and terms.
- Trump has previously claimed a deal was imminent, but months have passed without finalization.