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Harvard plans to borrow $750 million after federal funding threats

  • Harvard University plans to borrow $750 million from Wall Street to prepare for potential federal funding cuts following a review by President Donald Trump's administration.
  • The review involves $9 billion in grants and contracts aimed at addressing alleged anti-Semitism on campuses, requiring Harvard to meet specific conditions to retain funding.
  • Harvard's previous debt was $7.1 billion, which will rise to approximately $8.2 billion after this bond issuance.
  • University President Alan Garber emphasized the need to combat anti-Semitism while also increasing access to free tuition for 86% of U.S. Families by 2025-2026.
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42% Center
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Bloomberg broke the news in United States on Monday, April 7, 2025.
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