Harvard Strikes $500 Million Deal Amidst Controversies
The Trump administration reached a $500 million settlement with Harvard University, allowing the school to run trade schools focused on AI and engineering. This follows tensions over protests on campus, federal funding threats, and accusations of antisemitism, amid Harvard's legal challenges against federal actions.
The Trump administration announced a considerable $500 million deal with Harvard University. This agreement was unveiled after intense negotiations, with the prestigious institution pledging to develop trade schools focused on artificial intelligence and engineering sectors.
The settlement comes against a backdrop of contentious relations between federal authorities and Harvard, following allegations of antisemitism and pro-Palestinian protests on campus. Previously, the administration threatened to withhold federal funding from institutions perceived as permitting antisemitism or failing to align with governmental policies.
Harvard has legally contested some of these federal actions, arguing they impinge upon its free speech rights. The school maintained that these actions were retaliatory measures. Despite these legal victories, tensions persist as federal threats loom over the university's funding and accreditation status.
(With inputs from agencies.)
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