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Harvard's response to federal government letter demanding changes

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

#471
post #246

With their endowment above $50 billion, combined with Federal plus Non-Federal sponsored revenue at 16% of operating budget, it makes sense to me they just forgo Federal funds and operate independently. If all 16% is canceled, then they'd need to draw an additional $1 billion per year from endowment at current budget levels. That would put them above 7% draw so potentially unsustainable for perpetuity, historically t…

Harvard is probably thinking they just need to draw the $1 billion extra for another 4 years. Unless, Trump runs for a 3rd time which he has floated. If that happens then I think everyone's just screwed.

I'm sure he's got plans to issue an executive order declaring all of the votes against him null and void because they weren't cast and counted within 4 hours of each other on election day.

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

#472

Earlier quoted context omitted.

if a $50,000,000,000 endowment can not be used to smooth things over in times of need or turbulence then the endowment managers need to make changes. You can not possibly convince me that Harvard’s endowment doesn’t trivially have one year of liquidity in it. I’m sure it’s not structured to handle a 7% annual draw down for the next 30 years. But it’s got plenty of time to restructure if needed.

The point is, it's eating your seed corn. Spending a billion of it is not just spending a billion. It's spending the many billions it was meant to provide, in interest, over the next decades. It's extraordinarily expensive to spend it directly, as opposed to spending the income it generates. You can certainly do it, in a true emergency. But you certainly don't want to make a habit of it.

> the many billions it was meant to provide, in interest

THATS WHAT WHAT THE FIFTY BILLION IS

It’s a war chest that has been carefully cultivated over decades. The fifty billion is the result of a hundred years of investment and management.

If it can’t be spent now then when the fuck exactly can it be spent? In 200 years you’d still be saying “this is the seed corn for tomorrow!!”

I’m not saying burn it down to zero. But the whole fucking point of an endowment is to provide stability during trying times. If you can’t use the interest that has been accumulated now then when the fuck can you??

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

#473

Earlier quoted context omitted.

This might be true for Harvard, but I don’t think free speech should only be for those who can afford it. I know my school couldn’t if the government came knocking.

Harvard is free to say whatever it wants and operate without government funds. A shocking idea may be for a school to actually use the tuition paid by students to educate them. This is forced speech for all those of us who disagree with Harvard's politics and yet have our tax dollars sent to support it anyways.

1st Amendment is more important than you not liking a specific spending of government funds.

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

#474

So, many of these universities were taken over in positions of power by people promoting intersectionality which also promotes systematic discrimination (eg DEI) against specific groups. That's a highly-divisive philosophy with no proven benefits that's similar to Marxism which killed 50 million people and wrecked countries. They did this while describing themselves as open-minded institutions commited to everyone's…

> people promoting intersectionality which also promotes systematic discrimination (eg DEI) against specific groups. That's a highly-divisive philosophy with no proven benefits that's similar to Marxism which killed 50 million people and wrecked countries Just like all people connecting to "Kevin Bacon", and all Wikipedia pages first links connecting to "Philosophy", every idea can be connected to mass murder if you'…

More like it's two philosophies with similar elements originating from places where both were taught. In both cases, those that believe in them try to force them on everyone in law, policy, etc. They've been doing that, too, so it isn't speculative.

There's also large groups pushing this stuff in businesses, forcing it on all employees, under the banner of ESG. That includes Blackrock and World Economic Forum. There's billions of dollars behind forcing thus stuff on America. Yet, we still see voters rebelling against it, like by electing Trump, because they don't want our country to keep being ruined.

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

#475
post #343

Earlier quoted context omitted.

Genuinely curious: what part of the federal government's letter to Harvard seems fascist to you? Is the government asking a university to shift their bias away from skin color diversity to viewpoint diversity fascist? Is there a historical parallel? Or is it just the fact that the government is asking for reform, and any reform request would be considered fascist? If so, do you also consider the DEI reform requests f…

The section on "Student Discipline Reform and Accountability" is explicitly fascist. Harvard police must prevent/crush serious protests that cause disruption. Student groups must be vetted so that they don't violate orthodoxy. Masking (even for valid medical reasons) is banned. (This lets you know that this has nothing to do with facts or diversity of viewpoints and everything to do with the supremacy of theirs.) The…

You made several good points. While I am struggling to validate "Student groups must be vetted so that they don't violate orthodoxy", it may be because I am unfamiliar with the actions of the student bodies listed at the end of the section, or maybe subtleties in the wording that I am missing that could be exploited later.

Also I find the mask-ban strange and alarming. That example alone was probably enough of a red flag for me to more carefully scrutinize the good-faith of the rest of the letter.

Thank you for taking the time to actually engage with me constructively. Unfortunately many others decided to just downvote my questions.

I find it so disappointing that on a forum like Hacker News I am being downvoted for asking a question in good faith in an attempt to better understand a complex and nuanced topic.

When I ask ChatGPT to explain Facism to me, two aspects it pointed out were: - Suppression of political opposition, dissent, and individual freedoms. - Use of state power to enforce conformity.

I can see how the letter from the government to Harvard would be considered use of state power to enforce conformity. As someone who is open minded trying to understand the truth, the letter on first pass reads like they are using state power to unwind enforced ideological conformity. This is confusing, because on its surface it seems anti-fascist, so when people label it fascist (with charged emotions), it's hard for me to take them at their word without further explanation.

When the people who are concerned about the current actions of the government attack me for asking questions in an effort to actually understand their concerns rather than just accepting them, it makes me more suspicious of their viewpoints, not less.

Also, ChatGPT's thorough explanation of Fascism indicated to me that both administrations have been showing signs of increasing fascism, almost complimenting each other in their policies as they rock the cultural and institutional trunk of the united states back and forth with ever increasing momentum until it tips over into catastrophe. If such is the case, then maybe the only hope is for people to engage in these thorny issues with curiosity and nuance, to carefully sift out the bad from the good instead of assuming that everything the other side is doing is evil.

I have no control over what other people do, all I have control over is my own actions. I don't see a good way out of this mess that doesn't involve curiosity, empathy, understanding and reconciliation. So I will continue engage in the conversation with these intentions, and if people attack me for that then I suppose to will just have to accept what's inevitable.

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

#476

Earlier quoted context omitted.

This might be true for Harvard, but I don’t think free speech should only be for those who can afford it. I know my school couldn’t if the government came knocking.

Harvard is free to say whatever it wants and operate without government funds. A shocking idea may be for a school to actually use the tuition paid by students to educate them. This is forced speech for all those of us who disagree with Harvard's politics and yet have our tax dollars sent to support it anyways.

That's just how government works, buddy. I disagree with my tax dollars being spent to shoot wild horses and fund Lockheed-Martin, but here we are. It's not forced speech, because you have representatives who (in a working system) you could ask to fight against tax dollars being spent on something you dislike. You have a voice, you just don't get to have the only voice.

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

#477

The aggregate demands of the administration are confusing and contradictory. They seem to be simultaneously asking for: - an end to diversity initiatives - a new diversity initiative for diverse points of view - a new policy of not admitting international students with certain points of view - ending speech-control policies - auditing the speech of certain departments and programs - ending discipline of students who…

It makes sense if you understand that they aren't focused on general principles. Diversity is bad when it involves non-whites, women, gay people or research involving these groups. Diversity is good when it involves "race realists." Free speech is bad when students are advocating for divestment initiatives. Free speech is good when a professor calls somebody the n-word online.

The goal is white supremacy and antifeminism.

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

#478
post #169

So first they demand "Merit-Based Hiring Reform" and "Merit-Based Admissions Reform", and then it continues to demand "Viewpoint Diversity in Admissions and Hiring". I can't even engage with these levels of cognitive dissonance. Or bad faith. Or whatever it is.

Harvard admitted it needs to "...broaden the intellectual and viewpoint diversity within our community..." This is a no-brainer considering only 2.3% of their faculty identifies as conservative. https://www.thecrimson.com/article/2023/5/22/faculty-survey-...

Well, 2.3% of the Faculty of Arts & Sciences. I would bet that, say, the business school has a slightly different makeup…

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

#479

Earlier quoted context omitted.

This might be true for Harvard, but I don’t think free speech should only be for those who can afford it. I know my school couldn’t if the government came knocking.

Harvard is free to say whatever it wants and operate without government funds. A shocking idea may be for a school to actually use the tuition paid by students to educate them. This is forced speech for all those of us who disagree with Harvard's politics and yet have our tax dollars sent to support it anyways.

That’s a very odd perspective.

Could you explain how government research funding constitutes forced speech?

If an individual who receives a government tax credit (say EITC) speaks out contrary to your politics, is the government allowed to withhold that credit too?

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

#480

Earlier quoted context omitted.

Republicans Are Floating Plans To Raise the Endowment Tax. Here’s What You Need To Know : https://www.thecrimson.com/article/2025/2/11/increasing-endo... Proposed College Endowment Tax Hike: What to Know : https://thecollegeinvestor.com/52851/proposed-college-endowm... College endowments are typically tax-exempt, but a 2017 law imposed a 1.4% tax on investment income for a small group of wealthy private universities.…

LoL - why it makes any sense to do this for universities and not billionaires is beyond me, but I'm sure half the country can explain it to me like I'm 5.

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