Live data from Hacker News

Harvard's response to federal government letter demanding changes

harvard.edu

1–10 of 1001 posts

Re: Harvard's response to federal government letter demanding changes

#4
post #3

Harvard has a 50 billion endowment, what do they need federal funds for. If they value their intellectual independence so much, then cut the cord.

Much of that federal funding is for research, the same as any other R1 university. We all benefit from research findings. Endowments are used for other purposes.

There are a few colleges that take no federal funding in order to maintain total independence (mostly for religious reasons). But their research output is virtually zero.

Re: Harvard's response to federal government letter demanding changes

#5
It’ll be nice if an institution finally decides to oppose some of the recent government overreach.

It’s really shocking to see an institution in our country take action that is not in its immediate financial best interest (assuming this letter translates to an action)

Re: Harvard's response to federal government letter demanding changes

#8
post #3

Harvard has a 50 billion endowment, what do they need federal funds for. If they value their intellectual independence so much, then cut the cord.

The federal funds are for doing research that the government wants to fund, not keeping the university’s lights on. This is about terminating a productive partnership, not ending a subsidy handout to schools.

Re: Harvard's response to federal government letter demanding changes

#10
post #3

Harvard has a 50 billion endowment, what do they need federal funds for. If they value their intellectual independence so much, then cut the cord.

Next step: taxing that endowment (which is a good idea irrespective of the other demands: universities are government-subsidized tax-free hedge funds)
Post reply on HN