Republicans' Calls Growing to Defund Harvard
Newsmax
By
Sandy Fitzgerald | Thursday, 14 December 2023 09:06 AM EST
https://www.newsmax.com/newsfront/harvard-claudine-gay-antisemitism/2023/12/14/id/1145909/
Republicans
are calling for Harvard University to be defunded of billions of dollars it
receives through tax breaks and federal payments after statements made by its
president, Claudine Gay, concerning antisemitic speech on campus while she was
being questioned during a House Education and Workforce Committee hearing last
week.
"We
must defund the rot in America's higher education," Rep. Elise Stefanik,
R-N.Y., the committee member questioning Gay during the hearing, told the New York Post. "It is
unacceptable and un-American that any taxpayer dollars are going to
universities propping up their promulgation of antisemitism by supporting
professors, students, and staff, many who have openly called for the genocide
of Jews."
She
added that House Republicans "will use every tool at our disposal to
ensure that schools that protect and encourage antisemitism are cut off from
any and all federal funds."
The
university is under investigation by the federal Department
of Education to determine if it has violated the civil
rights of its Jewish students, who come under Title VI protection in the
federal Civil Rights Act.
Harvard's
highest governing board, the Harvard Corporation, this week said Gay will stay in office
and rejected calls for her removal after her congressional testimony, saying
that she "is the right leader to help our community heal and to address
the very serious societal issues we are facing," according to NPR.
The
calls for Gay to resign or be fired came after her testimony included saying
that calls for the genocide of Jewish people did not automatically breach
Harvard's code of conduct. She has apologized for her statements.
Rep.
Eli Crane, R-Ariz., after Gay was permitted to stay on, told the Post that he
plans to introduce a bill making Harvard and other schools face financial
consequences if they are shown to foster antisemitism on campuses after the
Hamas terrorist attack on Israel on Oct. 7.
"The
American higher ed system is a racket, forcing taxpayers to first subsidize
schools before roping them into paying student loans they didn’t choose to take
on," he said in a statement to the Post. "The schools make out like
bandits, indoctrinating our youth with hate and delusion, all while taxpayers
fund the whole thing. My bill starts to combat this scheme."
Federal
government funding to Harvard hit a record $676 million this year in direct
payments, along with a $25 million COVID rescue fund payment, according to the
school's statement for fiscal year 2023.
Harvard
also gets 64% of research funding from federal departments, with the largest
amount allocated from the Department of Health and Human Services.
More
federal cash comes in through tuition payments from students, with an
undisclosed amount of the $1.33 billion in tuition payments coming from federal
student loans and Pell grants.
Harvard's
tax-exempt status, however, results in its largest source of money, as
donations are tax-deductible.
This
also allows the school to benefit by not being required to pay taxes on certain
transactions, allowing it to build an endowment to total just under $51
billion.
Tax
breaks are also in place that allow Harvard's money management to trade bonds,
property, and shares without being charged capital gains or corporation taxes,
or taxes on dividends and interest payments.
Harvard
in 2023 brought in $186 million more than it spent and drew $2.46 billion from
its endowment. The endowment tax was just 1.4%, while an individual taxpayer
would face a 37% tax.
The
1.4% tax came as a result of tax reforms during former President Donald Trump's
administration, with the levy being imposed on endowments in colleges with at
least 500 students who pay tuition, and with net assets of at least $500,000
per student.
Harvard
has 23,000 students, meaning its endowment comes to $3 million in net assets
per student.
Other
Republicans who have called for defunding Harvard and other universities over
antisemitism include Sen. Tim Scott, R-S.C., and Florida governor and
Republican presidential candidate Ron DeSantis.
"Any
university or college that peddles blatant antisemitism, especially after
Hamas’ brutal attack on Israeli civilians, women, and children, has no place
molding the minds of future generations, never mind receiving millions of
taxpayer funds to do so," Scott said in October when he introduced
legislation to defund universities that "fund or facilitate events that
promote violent antisemitism.”
DeSantis,
a graduate of Harvard Law School, called on the government to "get smart
about how we deal with these universities. We can’t keep funding universities
that are creating this type of toxic environment and toxic ideology.”
Connecting
the Dots:
George Soros was a benefactor for
the NPR and the chairman for the Foundation to Promote Open
Society.
Foundation to Promote Open Society was a funder for
the NPR, the Aspen Institute (think tank) and the Brookings
Institution (think tank).
Shirley M.
Hufstedler was a lifetime trustee at the Aspen Institute
(think tank) and the secretary for the U.S. Department of Education.
Henry Louis
Gates Jr. is a trustee at the Aspen Institute (think tank)
and a professor at Harvard University.
Harvard Corporation is the governing
board for the Harvard University.
Lawrence H.
Summers was a professor; former president of Harvard
University and a trustee at the Brookings Institution (think tank).
Henry Louis
Gates Jr. is a professor at Harvard University and was
an honorary trustee at the Brookings Institution (think tank).
Resources:
Past Research
Harvard
hosting Satanic 'Black Mass' (Past Research on
Harvard University)
SATURDAY,
MAY 10, 2014
https://thesteadydrip.blogspot.com/2014/05/harvard-hosting-satanic-black-mass.html
Who
Really Controls Our Universities? (Connecting the Dots: Soros Funded Think
Tanks) (Past Research on
Harvard University)
WEDNESDAY,
AUGUST 24, 2022
https://thesteadydrip.blogspot.com/2022/08/who-really-controls-our-universities.html
Poll:
Black & White Ferguson Residents Agree - Media Made Things Worse (Past Research on the NPR)
WEDNESDAY,
SEPTEMBER 17, 2014
https://thesteadydrip.blogspot.com/2014/09/poll-black-white-ferguson-residents.html
Why
These High School Girls Don’t Want a Transgender Student in Their Locker Room (Past Research on the U.S. Department of Education)
MONDAY,
DECEMBER 21, 2015
https://thesteadydrip.blogspot.com/2015/12/why-these-high-school-girls-dont-want.html
Hidden
Agenda Norman Dodd 1 of 6 (Past Research on the Harvard
Corporation)
SATURDAY,
JANUARY 21, 2017
https://thesteadydrip.blogspot.com/2017/01/hidden-agenda-norman-dodd-1-of-6.html
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