On Tuesday President Trump told reporters he was not happy about Harvard University received a federal coronavirus bailout. President Trump said he was going to ask them to give it back.
The school has a $40 billion endowment.
Originally Harvard said they were not going to give back the funds.
Today, they reversed their position.
They’re giving back the money and Princeton shamed Harvard, elegantly.
2/5 We are concerned that intense focus by politicians & others on Harvard in connection with the program may undermine participation in a relief effort Congress created & the president signed into law for the purpose of helping those whose financial challenges may be most severe
— Harvard University (@Harvard) April 22, 2020
#PrincetonU has determined it will not accept funding allocated under the CARES Act. Princeton has not yet received any of these funds, and never requested any of these funds. pic.twitter.com/En4nhqyqkc
— Princeton University (@Princeton) April 22, 2020