Feb 18, 2020, 1:59 PM
(From U.S. News & World Report) Colleges and universities previously failed to report upward of $6.5 billion in gifts from China, Saudi Arabia, Qatar, the United Arab Emirates and other foreign countries, an ongoing investigation by the Trump administration uncovered. Ten schools accounted for half of that figure, disclosing $3.6 billion in previously unreported foreign gifts. Harvard and Yale have come under special scrutiny for not reporting gifts exceeding $250,000 in value, which violates Section 117 of the Higher Education Act. This news comes on the heels of a Harvard chemistry professor's arrest for suspicious ties to the Chinese government.
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