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Reply to "Update on Harvard Lawsuit"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Aren't HYPS rich enough to just not take Pell Grants (i.e. federal funding) anymore so they can do what they want with admissions? Or is there a bigger chunk of federal funding you have to turn down?[/quote] I heard a talking head on TV quote $600M per year as the money Harvard gets from the Federal government in various forms. I guess it's not easy to turn that down..[/quote] That's not why Harvard is fighting this. Plus it would be the federal government and the general public that loses out if Harvard is no longer doing [b]critical research[/b], etc. People think this will actually hurt Harvard, it will not. [/quote] :roll: Cut the BS. It's a 2-way street. They need us as much as we need them. Do you think Harvard has a monopoly on intelligence and research? [/quote] Of course they don't have monopoly. But they can find research funding elsewhere and the findings will benefit someone else or some other country. The feds aren't the only ones that fund research.[/quote] The Feds don't fund any specific research. The $600m is in the form of grants and tax credits for being a non-profit, etc. Harvard gets to decide how that money is used. A loss of that magnitude IS A BIG LOSS, regardless of who you are. [/quote] It's a loss but they can and would be able to fill that gap. But it doesn't matter anyway because they aren't going to need to worry about it.[/quote]
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