Maybe Harvard will go full Hillsdale?
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Another note...Had a chance to work with some Harvard guys on a big diabetic study. They weren't any better than the LSU or Tulane docs. If we're funneling money to them based on reputation, I don't think that's valid anymore.
I think government university research money should go to state schools... FSU, Texas A&M, UCLA, etc.
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@Jolly said in Maybe Harvard will go full Hillsdale?:
With their endowment, they can afford it.
@Mik said in Maybe Harvard will go full Hillsdale?:
Oh yes. A good friend worked as a contract administrator for Yale. Their endowment was in the billions.
Dont know anything about college endowments, etc. but an interesting article that kind of summarizes it.
https://www.thecrimson.com/article/2025/4/17/harvard-endowment-explained/
The overwhelming majority of Harvard’s endowment — more than 80 percent — is made up of more than 14,000 “restricted” funds. Donated with a specific purpose in mind, restricted funds are dollars the University cannot reallocate at will.
Even so, the remaining $9.6 billion in the endowment is, in theory, Harvard’s to liquidate. Combined with Harvard’s $6.9 billion annual operating budget, that leaves Harvard with $16.5 billion in unrestricted funds.
Based on these figures, Eastern Michigan University business professor Howard Bunsis — who has audited several universities’ finances— wrote that Harvard could afford a substantial but short-term hit to its endowment.
“This is exactly what reserves are for: To deal with temporary unexpected declines in revenues or increases in expenses,” Bunsis wrote. “As long as they are not asked to take out $1 billion per year for many years, they can easily afford this on a one-time basis.”
“President Trump is unlikely to threaten these funds more than once, and he will not be President forever (no joke intended). It will not be risky if it is one or two times,” he wrote.
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If Trump hammers their ass for four years, I don't think the response will be quite so sanguine.
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If Trump hammers their ass for four years, I don't think the response will be quite so sanguine.
@Jolly said in Maybe Harvard will go full Hillsdale?:
If Trump hammers their ass for four years, ...
- Trump changes his mind quickly (see the on-again off-again tariffs, the abandonment of the Russia-Ukraine peace talk)
- Trump may not last four years due to age
- Trump may become lame duck after the 2026 midterm
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And you can die tonight, in firey flames from a mass coronal ejection.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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To the thread title, Harvard is a research institution as well as a college whereas Hillsdale is only the latter. Medical and science research benefits mankind and the biotech spinoffs are a huge economic engine for the country and will likely be more so in the future as we cure more and more genetic conditions and crack some non-genetic chronic diseases.
