Harvard University could pay as much as $500M in a deal with the Trump administration following months of tense back-and-forths over billions in stripped federal funding and research grants, two sources familiar with the negotiations told The Post.
Last week, Trump said the Ivy League school “wants to settle” after seeing Columbia’s funding restored in exchange for paying a $200 million fine to settle civil rights violations.
The administration had clawed back $2.6 billion in federal funding earlier this year, saying the university had discriminated against Jewish faculty, students and staff by not protecting them from antisemitism on campus.
The specific terms in the ongoing negotiations were not immediately made clear by either side, nor was a precise timeline given. However, Trump said in June that the government could forge a deal with Harvard “over the next week or so.”
Harvard is still pursuing its lawsuit against the administration over the loss of federal research funds, which it claims could lead to damaged careers and the shuttering of labs on the Cambridge, Massachusetts campus.
However, Education Secretary Linda McMahon expressed confidence in a future settlement.
“We’re hoping that Harvard will come to the table,” McMahon told NewsNation’s “Morning in America” on Thursday. “We’re already seeing other universities that are taking these measures before investigation or before our coming in to talk to them.”
This is a developing story. Please check back for more information.
Credit: Source link
