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Education Department Investigating Harvard, Yale Over Foreign Funding
Keywords: Foreign Funding Of Ivy League,
The Education Department has opened investigations into Harvard and Yale. This is part of an overall investigation of why U.S. universities have failed to disclose at least $6.5 billion in foreign funding from countries such as China and Saudi Arabia, according to this report in the WSJ. The Education Department described this in a document seen by the WSJ as " multibillion dollar multinational enterprises using opaque foundations, foreign campuses and other sophisticated legal structures to generate revenue." The document says these universities acted to actively solicit funds from foreign governments, companies and nationals known to be unfriendly to the U.S.
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