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Harvard to open trade schools in $500 million deal

Hindustan Times Pune

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October 02, 2025

WASHINGTON: President Donald Trump said on Tuesday that his administration was close to reaching a $500 million financial settlement with Harvard under which the elite academic institution would operate trade schools.

- Agence France-Presse

The comments mark the latest twist in Trump's unprecedented crackdown on Harvard over claims of anti-Semitism and bias — claims the university denies, saying that the federal government is actually focused on controlling its hiring, admissions and curriculum.

“Well, we're in the process of getting very close,” Trump said at the White House. “They'd be paying about $500 million and they'll be operating trade schools.

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