Several US colleges with multi-billion dollar endowments have been tapping into the massive coronavirus stimulus passed by Congress and signed into law by President Trump in January. As part of the $2 trillion Coronavirus Aid, Relief and Economic Security Act (CARES), $14 billion was set aside to support higher education institutions - ostensibly those without billions already in the bank.
Harvard, for example, which has a $40 billion endowment, will receive $8.7 million in federal aid. Harvard points out that at least half of which has been mandated for emergency financial aid grants to students, which we would note that they can cover themselves.
Hilariously, Harvard's Crimson points to the risk that their endowment could shrink due to market volatility, and that the University's financial situation is "grave." On the other hand - buried halfway through the article, Rutgers Business School professor John Longo points out that "it is conceivable that Harvard's market neutral and long/short hedge funds actually delivered positive returns," adding "If this is the case, it would materially soften the blow from the sharp drop in equities from around the world." Full - Story - Tyler Durden - Zero Hedge
Liberal Bias in Academia
The lunatic fringe within the Universities , Academia Nuts, and their ludicrous activities are well documented. Writers frequently focus on the examples of ideological biases of many college professors but ignore the ripple effect they have had on society.
The academia nuts, the gurus of grandiose left wing pomposity, the professors of our colleges and universities, inducted by other useful Idiots in power at leading institutions. Protected by tenure they train the educators who go on to 2nd and 3rd tier educational institutions. Their trainees become the indoctrinaters of our children at all levels of the Educational system. Read More
Professor Watch List
A conservative organization, Turning Point USA comprised of High School and college students has begun compiling a database of college professors involved in indoctrination of students and discrimination against non-compliant students, students that fail to conform to the left wing conversion regimen being force fed to young people under the guise of education.
Founded by Charlie Kirk, a leader among many young conservatives, he aggressively promoted the organization on social media.
As per Kirk... 'It is no secret that some of Americas college professors are totally out of line....professors [who] attack and target conservatives, promote liberal propaganda and use their position of power to advance liberal agendas in their classroom. Turning Point USA is saying enough is enough. It is time we expose these professors.' Read More
450,000 Illegal Immigrants Are Getting College Degrees
So they need taxpayer funding according to an alliance of advocates
Roughly 450,000 foreign-born illegal immigrants are getting college degrees, so they need taxpayer funding and work opportunities, according to an alliance of advocates for Mike Bloomberg and for hundreds of colleges and universities.
“This new report shows that many more undocumented students are enrolled in higher education than originally reported,” said an April 15 statement from Teresita Wisell, a vice president at Westchester Community College in New York. Her college is one of many education centers that can sell education services to illegal immigrants. Read More
