May 18, 2024
NewsPrestigious American Universities Failed to Report Foreign Gifts and Contracts Worth $6.5 Billion Dollars

Prestigious American Universities Failed to Report Foreign Gifts and Contracts Worth $6.5 Billion Dollars

“The threat is real, so we took action to make sure the public is afforded the transparency the law requires,” DeVos said. “We found pervasive noncompliance by higher-ed institutions and significant foreign entanglement with America’s colleges and universities.”

American prestigious universities failed to report gifts and contracts totaling 6.5 billion dollars from foreign governments and other entities. These universities include Carnegie Mellon, Harvard, and many others. The donors include; China, Qatar, Russia, and Saudi Arabia.

According to the law, universities must report substantial contributions from foreign governments, and these universities failed to report $6.5 billion. Further, Universities already had reported receiving $19.6 billion f...

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