Trump administration pulls $60M in Harvard grants
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At the T.H. Chan School of Public Health, which relies heavily on federal support, a crisis response is underway and a reshaping of the institution feels inevitable.
As the Trump administration halts about $2.7 billion in Harvard University funding, the school’s president is absorbing some of the financial impacts by taking a 25 % pay cut, according to a university spokesperson.
The pause of billions of dollars in research funding to universities has had devastating effects on cancer research as lab work is put on hold and schools are halting the acceptance of new Ph.D. students.
Harvard University is putting up $250 million of its own money to continue campus research amid a federal funding freeze imposed by the Trump administration, but the school’s president warns of sacrifices ahead.
One day after the Trump administration announced more federal grant cuts, Harvard's president is taking a pay cut.
Larry Bacow, who was president of Harvard University before Claudine Gay and current president Alan Garber, was the top earner at the institution with a total income of close to $3.1 million, according to the most recent tax filings sent to MassLive.
The Trump administration is following through on threats to terminate $2.7 billion dollars in federal grants and other funding at Harvard University, punishment for alleged antisemitism on campus. One professor called it "the academic equivalent of nuclear war.