Yale - Page 2

USC Accepts $20 Million in Federal Aid Despite $5 Billion Endowment

USC, which boasts an endowment of $5.5 billion, announced this week that it will accept $20 million in federal Chinese virus relief. Ivy League institutions including Harvard, Princeton, and the University of Pennsylvania announced this week that they will reject federal aid following pressure from President Donald Trump and the general public.

WASHINGTON, DC - MAY 20: Newly redesigned $100 notes lay in stacks at the Bureau of Engrav

U. of Pennsylvania Rejects $10 Million in Chinese Virus Bailout Funds

The University of Pennsylvania announced on Thursday that they will reject nearly $10 million in federal coronavirus relief funds after a wave of public pressure on wealthy institutions to reject public assistance. The University of Pennsylvania currently boasts an endowment of $14.7 billion. UPenn joins Princeton, Yale, and Harvard in rejecting the federal funds, although Harvard first tried to keep the federal money.

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Princeton Rejects $2.4 Million in Federal Bailout Funds

Princeton University announced on Wednesday that it will reject a $2.4 million federal bailout that it was set to receive under the CARES Act. Ivy League institutions, many of which boast multi-billion-dollar endowments, have been criticized by both President Donald Trump and the public for accepting millions in federal bailout funds.

Princeton Campus (Kah-Wai Lin/Flickr)

Yale Rejects Millions in Federal Bailout Funds

Yale University announced on Wednesday that it will reject $6.9 million in federal bailout funds that the institution was entitled to receive under the CARES Act. Yale releases a statement saying: “We hope that the Department of Education will use Yale’s portion of the funding to support colleges and universities in Connecticut whose continued existence is threatened by the current crisis.

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Yale Cancels May Commencement Ceremony

Yale University announced on Wednesday that it is canceling its annual spring commencement ceremony, scheduled for May, as a precautionary measure against the spread of the Wuhan coronavirus.

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Education Department Investigating Harvard, Yale over Foreign Funding

The Education Department announced this week that it is investigating Harvard and Yale over their possible connections to foreign governments. Universities around the country have been accused of soliciting funding from foreign governments and have reportedly come forward to report $6.5 billion in previously undisclosed foreign funding.

WASHINGTON, DC - MAY 20: Newly redesigned $100 notes lay in stacks at the Bureau of Engrav

Yale Commits $135 Million to Diversity Initiative

Yale University announced recently that it is expanding its diversity spending over the next five years. The new plan includes a 70 percent increase in spending on a diversity initiative designed to create a more diverse faculty.

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Yale Professor: There Is Zero Political Diversity in Faculty

Yale Professor David Gelernter told the institution’s newspaper last week there is very little political diversity amongst faculty members at the prestigious Ivy League university. According to Gelernter, increasing Yale’s political diversity would make it stand as the “one intellectually serious elite university in the country.”

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Yale Continues to Censor Historical Art Behind Barricade

Yale University has refused to uncover a controversial stone carving that depicts a struggle between a Native American and a Puritan, despite promising to move it and make it available for viewing.  The School previously modified the art to remove the Puritan’s musket while leaving the Native American’s bow.

woman hiding behind hands