Feds Investigating Yale, Harvard Over Unreported Foreign Funding

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Feds Investigating Yale, Harvard Over Unreported Foreign Funding
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The Ivy League schools allegedly accepted hundreds of millions of dollars from countries including Saudi Arabia, Iran and China, and failed to report it.

NEW HAVEN, Conn. — The U.S. Education Department is investigating foreign gifts made to Harvard and Yale as part of a broader review of international money flowing to American universities, officials said.

“Unfortunately, the more we dig, the more we find that too many are underreporting or not reporting at all. We will continue to hold colleges and universities accountable and work with them to ensure their reporting is full, accurate, and transparent, as required by the law,” Education Secretary Betsy DeVos said.

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