&imwidth=800&imheight=600&format=webp&quality=medium "'We want nothing less than $500 million from Harvard': Trump demands sweeping settlement")
US President Donald Trump said on Tuesday (August 26) that if Harvard University wants to restore its federal funding, it needs to pay $500 million to his administration. The American president announced the settlement amount, saying that the elite university has been “very bad.”
“We want nothing less than $500 million from Harvard. Don’t negotiate, Linda,” Trump said to Education Secretary Linda McMahon during a Cabinet meeting.
He continued, “They’ve been very bad. Don’t negotiate.”
As per The New York Times, three people said that Harvard would agree to invest $500 million in vocational and educational programs and research. The university has reportedly said that it would not pay the government directly, while the Trump administration would reportedly restore Harvard’s research funding and forgo appointing a monitor.
Trump says US colleges 'would go to hell' without Chinese students
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Trump said that he likes it when students from China and other countries come to study at US universities. He said that if they stop coming, the American college system would come to an end. With this statement, the American president appeared to back off his administration’s plans to “aggressively revoke visas for Chinese students,” a move that, he said, came as US relations with China have improved.
“We’re getting along very well with China, and I’m getting along very well with President Xi. I think it’s very insulting to say students can’t come here," Trump said.
“I like that their students come here. I like that other countries’ students come here. And you know what would happen if they didn’t? Our college system would go to hell very quickly," the American president added.
