Harvard University will be borrowing $750 million from Wall Street after the Trump administration placed $8.7 billion in federal funds under review while it investigates the university’s response to alleged antisemitism on campus.
The Department of Education (ED) announced on March 31 that Harvard was in danger of losing its federal funding and came back with a list of demands for the school to retain its taxpayer dollars, including reforming and enforcing its disciplinary process for disruptive antisemitic protesters. A Harvard spokesman confirmed to the Daily Caller News Foundation that it plans to issue up to $750 million of taxable bonds for ‘general corporate purposes.
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