Harvard vs Trump - who is right?

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4 years ago

I generally don't like to post much about politics or current affairs but this one is very relevant to why we need crypto currencies!

So as a part of the stimulus package a lot of individuals and companies got some checks from the US government to get through these tough times. While a lot of them really needed it and deserved it, there are some who obviously don't need it and can certainly do without it. One such classic case is the recent news about Harvard University. 

Harvard University is the richest university in the country and has received $8.6 million from the government. The university has about $41 BILLION USD in endowments as of June according to this source. 

https://www.nytimes.com/2018/09/28/business/harvard-endowment-gains.html

I wonder how selfish can any person or institution get when they already have so much money already but they shamelessly even take the peanuts that they get from the taxpayer which will honestly not even create a dent in what they have. 


They do claim that they will not use the stimulus money to build infrastructure in the university but to just give it to students in the form of financial aid but do they even have to do that? I know that they are well within their rules to take it but morally what's your stand? 

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I personally agree with Trump. The University position is just greed and even contempt. The money would be better served elsewhere.

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4 years ago