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Reading: Harvard fights Trump Administration over funding freeze: Here’s how much it costs to operate the “Ivy League” giant
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Investor's Crypto Daily > Blog > Headlines > Economy > Economic News > Harvard fights Trump Administration over funding freeze: Here’s how much it costs to operate the “Ivy League” giant
Economic News

Harvard fights Trump Administration over funding freeze: Here’s how much it costs to operate the “Ivy League” giant

Last updated: April 23, 2025 8:13 pm
By Troy Nilock 4 Min Read
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Harvard University is a university founded upon the principles of academic independence and freedom. It now finds itself in a heated battle over funding.

Contents
Havard against Trump’s AdministrationDeepening political divide

The dispute is intensifying as actions taken by the government begin to undermine critical research, especially in areas like immunology and tuberculosis.

Harvard’s budget, which is a mixture of education and research revenue, philanthropy as well as philanthropy has a large impact on the funding. Federal research grants are also a major factor.

Statista’s research cites Harvard’s financial report for 2024, which shows that the total operational costs of Harvard University were $6.4 billion.

The expenditures were divided into three main categories: People (including salaries, wages and benefits), Space (including occupancy and depreciation costs), and Other (including services, supplies and equipment).

The revenue was generated from various sources.

* Philanthropy, including endowment and contribution income.

• Education (tuition and housing costs, as well as financial assistance).

* Sponsorships (federal, non-government and private)

Federal research funding is essential to maintaining the scientific excellence of Harvard.

Loss of funding for research has led to hiring freezes or possible layoffs. This threatens the ability of universities around the world to continue their scientific leadership.

Harvard, despite the ongoing legal fight, is holding firm. It claims that the freezing is political and violates the values of academic independence and autonomy.

Havard against Trump’s Administration

Harvard University sued the Trump Administration over the $2.2 billion of frozen research funds. This follows the White House’s rejection of many requests including the international student record and the ideological audit of student population.

According to the institution, federal funds were used by the administration to “strictly regulate” political activities on campus and interfere with academic autonomy.

In the lawsuit filed at the US District Court it is claimed that the freezing of funds was in violation of the constitution’s division between government and education as well as numerous legal precedents which protect the independence of the higher education.

According to the University, the administration’s tone has been “punitive and coercive” and it has also interrupted research into diseases such as ALS and Tuberculosis.

Deepening political divide

This funding freeze represents the latest in a series of attacks by the Trump Administration on colleges that it believes harbour ideological prejudices and promote antisemitism, under the guise of diversity and inclusion.

Recently, the administration implemented strict supervision procedures that require access to sensitive data, such as overseas student records.

The New York Times cites sources that indicate the demands of the Administration go beyond issues of antisemitism.

Legal experts claim that audits to assess the ideologies of students could be a violation of their First Amendment rights.

Alan Garber, the Harvard president, said in a Monday statement that “the federal government uses financial coercion as a means to undermine academic independence.” We will never allow it.

This lawsuit could establish a precedent for the federal government to dictate what terms it wants from academic institutions.

The case may end up in the Supreme Court.

The ICD published the following article: Harvard fights Trump Administration over funding freeze: Here’s how much it costs to operate an ‘Ivy League giant’

Click here to read more

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