Posted on 05/22/2020 6:34:43 PM PDT by MarvinStinson
A probe by the Department of Education into colleges that accept foreign investments and donations has uncovered $6 billion in previously unreported foreign donations from US adversaries including China and Russia.
House Republicans were monitoring the investigation into the schools to determine if they were violating Section 117 of the Higher Education Act of 1965, which prohibits an Institution of Higher Learning from failing to properly report foreign gifts of $250,000 or more.
In a letter from the department, general counsel Reed Rubinstein said that while some colleges recognized that foreign cash from US adversaries could pose a security risk, others had become addicted to the money.
Some IHE leaders are starting to acknowledge the threat of foreign academic espionage and have been working with federal law enforcement to address gaps in reporting and transparency, the letter said.
However, the evidence suggests massive investments of foreign money have bred dependency and distorted the decision making, mission, and values of too many institutions, the letter continued.
The Department shares Congress concerns regarding unreported and unregulated foreign direct investment into the US higher education system, and the potential for foreign sources to use strategic investments to turn American college campuses into indoctrination platforms, the letter added, before acknowledging that they did not have all of the data they had requested because of legal challenges from schools questioning Congress right to obtain the data.
Certain institutions have yet to produce requested emails, metadata, and other information regarding business relationships with, and faculty funding from, Chinese, Middle Eastern, and Russian foreign sources. The Department is negotiating for this important information and hopes to have access to all relevant records in the near term, the letter said.
(Excerpt) Read more at nypost.com ...
So basically they failed to register as agents of a foreign country.
Many colleges, like many politicians, are the property of China.
Depending on accounting practices, possibly the $6.5 billion may not yet have reached the $250,000 ceiling.
China has subverted nearly every aspect of our country. Not sure how this ends.
btt
“Not sure how this ends.”
It depends greatly upon who is making the decisions. If the left is making decisions, we will be lucky to survive.
Well, you have to admit, that the Chinese and Russians take care of their friends.
Those huge endowments just didn’t come from nowhere.
Depending on accounting practices, possibly the $6.5 billion may not yet have reached the $250,000 ceiling.
This is why the schools have been using increasingly absurd teaching methods over the last 50 years. Ill bet that 30% of Americans would not understand the above joke.
Why should I be forced to fund corrupt colleges and universities with my tax dollars?
According to FEC campaign filings, Clintons presidential campaign received about $1.3 million from employees and students within the UC system in 2016. Employees from Googles parent company, Alphabet Inc., contributed about $50,000 less than UC affiliates.: UC system forms largest donor bloc for Clinton presidential campaign
Remember Janet Napolitano and her reign at the University of California.
Audit the books.
So... six billion floating around out there. And nobody ever noticed or suspected a thing. Yeah, sure I believe that.
Meanwhile, if a cop shows up in a new Escalade, internal affairs starts asking all kinds of questions. But the jet set can have an extra 6 billion and nobody sees a thing.
Yes, so do tell me more about the blue code of silence cops have.
Harvard and Yale are more endowed than Dolly Parton.
Meanwhile, if a cop shows up in a new Escalade, internal affairs starts asking all kinds of questions. But the jet set can have an extra 6 billion and nobody sees a thing.
Its like a variation on a quote from Stalin. ‘A single death is a tragedy; a million deaths is a statistic.’,
And we wonder why our children are freaking retarded and told it’s “inequality” and we need to spend more money. We wonder why America is one step away from being destroyed from within.
Unmask ALL of the schools colluding with China, Russia, and Saudi Arabia.
I wish they could dig up who funded Barack’s tuition.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.