President Donald Trump on Tuesday previewed a $500 million deal on trade schools with Harvard University, following months of talks a few potential settlement amid a broader combat between the Trump administration and the varsity.
“I guess we reached a deal with Harvard today, so we’ll see. What you have to do is paper it, right, Linda?” Trump requested Education Secretary Linda McMahon throughout an occasion within the Oval Office on pediatric most cancers, earlier than later saying the administration is “close to finalizing” it.
McMahon responded affirmatively however didn’t present any specifics.
NCS has reached out to Harvard.
Officials from Harvard and the White House have been in discussions for months about a high-dollar deal to revive all federal funding to the college and finish its ongoing lawsuits towards the administration. Trump has been calling on Harvard to pay a sweeping $500 million settlement, telling McMahon throughout a Cabinet assembly final month that he needs “nothing less.”
Trump stated Tuesday that officers are “very close” to a deal and Harvard “will be paying about $500 million and they’ll be operating trade schools. They’ll be teaching people how to do AI and lots of other things, engines, lots of things.”
The president broadly described the contours of the deal, describing it as a “series of trade schools” that “would be run by Harvard.”
“This is something that we’re close to finalizing. We haven’t done it yet, but they put up $500 million interest, and everything else would go to that account, meaning, go to the trade school. And, you know, it’s a big investment in trade school done by very smart people, and then their sins are forgiven,” he added.
Earlier this month, a federal choose ruled in Harvard’s favor to revive greater than $2 billion in federal funding for analysis frozen by the White House, marking a significant win for the varsity. Harvard was the primary college focused by the Trump administration to take on the White House instantly in courtroom. The administration has argued it’s cracking down on antisemitism on campus, however Harvard has develop into the epicenter of a broader combat over educational freedom, federal spending and campus oversight.
Since then, the Trump administration has continued to seek out new and inventive methods to exert strain on the elite establishment utilizing a number of levers of the federal authorities.
Most just lately, the Department of Health and Human Services’ Office of Civil Rights referred Harvard for suspension and debarment proceedings because of what it stated was a violation of Title VI of the Civil Rights Act. And the Department of Education placed the college on “Heightened Cash Monitoring” standing because of what it described as “growing concerns regarding the university’s financial position.” The Department of Commerce has additionally targeted the varsity’s patents.
Other schools have taken much less confrontational approaches with the president’s workforce. In a deal reached in July, Columbia University agreed to pay the US Treasury a $200 million settlement to revive all federal funding. The faculty additionally agreed that an unbiased monitor will oversee implementation. Days later, Brown University reached a deal wherein it might pay Rhode Island workforce improvement organizations $50 million in grants.
The White House stays in negotiation with Cornell University and Northwestern University, and in early August, NCS reported that the Trump administration is looking for a $1 billion deal with the University of California, Los Angeles. The faculty’s management stated on the time that sum would devastate the college. Faculty, workers, scholar organizations and each labor union representing University of California staff have sued the administration.