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Harvard Ready to Pay $500 Million for Job Training in Trump Deal

Harvard Ready to Pay $500 Million for Job Training in Trump Deal

Bloomberg3 days ago
Harvard University has signaled it's willing to pay $500 million for workforce training programs as part of a settlement with the White House to restore more than $2 billion in frozen federal funds, according to a person familiar with the negotiations.
The administration is open to Harvard and other colleges paying penalties in the form of contributions to workforce training programs, the person said. Last month, Brown University agreed to pay $50 million over ten years for such programs in its home state of Rhode Island. Harvard has repeatedly ruled out paying a direct fine to the government, as Columbia University agreed to do.
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