Donations and applications to Harvard drop significantly
Harvard: where you can spend a lot of money
and still get a shoddy education
According to Harvard, donations to the university in 2024 dropped more than $151 million from donations the previous year, with other indications that overall donors and students are fleeing the university due to its anti-Semitic, pro-Hamas, racist DEI, pro-plagiarism, and anti-free speech policies.
Total donations were down by $151 million, or 14%, in fiscal 2024 from the prior year. Within that total, donations to Harvard’s endowment fell by nearly $193 million from a year ago, while donations for current use gifts increased by $42 million in that time frame.
The drop in donations won’t leave Harvard bankrupt, as it still has more than $53 billion in its endowment, giving it a strong foundation for survival, in the near term, if donations dry up entirely.
And they might.
Bill Ackman, a billionaire Harvard alum, said in December that Gay’s “failures have led to billions of dollars of canceled, paused and withdrawn donations to the university. … I am personally aware of more than a billion dollars of terminated donations from a small group of Harvard’s most generous Jewish and non-Jewish alumni,” Ackman said.
More significant however was the 17% decline in student applications as of December 2023. Though the numbers still exceeded application numbers from before the COVID epidemic, the drop now suggests students have reviewed the reality of this college versus its fantasy, and are now beginning to reject it.
Eventually Harvard will have to fix its bankrupt DEI policies as well as diversify its faculity so that not every teacher and staff member is a pro-Hamas anti-Semite who considers America the devil incarnate and all western civilization nothing more than an expression of “white supremacy.” (I know I am exaggerating but I also know sadly not by much.) If it doesn’t it will certainly fade from view, as students find more viable colleges, knowing that a degree from this bankrupt university will no longer get them the high level jobs they want.
Harvard: where you can spend a lot of money
and still get a shoddy education
According to Harvard, donations to the university in 2024 dropped more than $151 million from donations the previous year, with other indications that overall donors and students are fleeing the university due to its anti-Semitic, pro-Hamas, racist DEI, pro-plagiarism, and anti-free speech policies.
Total donations were down by $151 million, or 14%, in fiscal 2024 from the prior year. Within that total, donations to Harvard’s endowment fell by nearly $193 million from a year ago, while donations for current use gifts increased by $42 million in that time frame.
The drop in donations won’t leave Harvard bankrupt, as it still has more than $53 billion in its endowment, giving it a strong foundation for survival, in the near term, if donations dry up entirely.
And they might.
Bill Ackman, a billionaire Harvard alum, said in December that Gay’s “failures have led to billions of dollars of canceled, paused and withdrawn donations to the university. … I am personally aware of more than a billion dollars of terminated donations from a small group of Harvard’s most generous Jewish and non-Jewish alumni,” Ackman said.
More significant however was the 17% decline in student applications as of December 2023. Though the numbers still exceeded application numbers from before the COVID epidemic, the drop now suggests students have reviewed the reality of this college versus its fantasy, and are now beginning to reject it.
Eventually Harvard will have to fix its bankrupt DEI policies as well as diversify its faculity so that not every teacher and staff member is a pro-Hamas anti-Semite who considers America the devil incarnate and all western civilization nothing more than an expression of “white supremacy.” (I know I am exaggerating but I also know sadly not by much.) If it doesn’t it will certainly fade from view, as students find more viable colleges, knowing that a degree from this bankrupt university will no longer get them the high level jobs they want.