Donor backlash devastates Ivy League as Harvard, Columbia seek bailouts

The Blaze ^ | November 9, 2024 | Buck Throckmorton

[MinorityRepublican]

They will do fine. But they will have to make cuts. No more DEI, etc.

[Steely Tom]

GTFH.

[lurk]

Proverbs 24:21-22

Lie down with dogs, wake up with fleas.

[BradyLS]

Oh, no. Those places have deep, deep wells of funds. They ain’t hurtin’ and won’t be for long years. They don’t need ANY help.

[pollywog]

I wish bankruptcy on BOTH SCHOOLS!!!!!

[I want the USA back]

I have no sympathy for them.

[metmom]

They can learn to cut costs, follow a budget, and police themselves.

And get rid of the wokism.

[Mogger]

If the "universities" are that poor at managing money, what business do they have "educating" "students"?

It's surprising how many chumps are still donating money to them.

[citizen]

Have they raised the already sky-high tuition?

[PeterPrinciple]

Journalist Ira Stoll revealed that much of the cash Harvard raised was used to pay off maturing debt issued at lower interest rates and to roll over some short-term debt.

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so they are paying off debt with debt. That always works.

[PeterPrinciple]

The Ivy League schools, especially Harvard and Columbia, have exhausted their reputational capital, and now they are exhausting their working capital. They have shown themselves to be morally and ethically bankrupt. If their liquidity problems can’t be rectified, and if donors have permanently slashed their recurring cash lifelines, perhaps financial bankruptcy is also in the offing for Harvard and Columbia. It would be a long time coming.

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Have they factored in the Trump effect?

[dangus]

Harvard has an endowment huge enough to give every student free tuition without ever drawing down principle. They’re just fundraising on their victimhood.

[HYPOCRACY]

Wait until their endowments are taxed. In the meantime pull cash out of those long term investments and pay serious penalties and losses. Good for them.

[Secret Agent Man]

These places have several tens of billions of dollars socked away. They just don’t want to touch it.

[bray]

Have they issued Yellow Stars yet?

[Carl Vehse]

They’ve got enough in the endowment funds to last for quite a while.

[Angelino97]

Nothing in the article about their anti-white or anti-Christian courses bothering any donors.

[faithhopecharity]

Harvard and Columbia administrations exhibited the most appalling immorality and dereliction of duty — acting in effect as co- conspirators with the Nazi mobs and threats against Jewish and Christian students, faculty, staff, visitors. While allowing the education, classes to be suspended. The testimony at Congress was sickening —
Anybody who donated one cent to these horrid terrorist staging camps is insane.
And your children will get better, much better, educations elsewhere (at least send them to safe colleges!!)