Connect with us

Uncategorized

Harvard Faces $113 Million Budget Shortfall After Trump Cuts

Illustrative: Anti-Zionist Harvard students participating in a sit-in against Israel amid its war targeting Hamas terrorists in Gaza. Cambridge, Massachusetts, US, Nov. 16, 2023. Photo: Brian Snyder via Reuters Connect

Harvard University registered a $113 million budget deficit caused chiefly by the Trump administration’s confiscation of much of its federal contracts and grants as punishment for, among other alleged misdeeds, its admitted failure to combat antisemitism on campus, a Harvard report revealed last week.

According to Harvard’s “Financial Report: Fiscal Year 2025,” the university’s spending exceeded the $6.7 billion it amassed from donations, taxpayer support, tuition, and other income sources, such as endowment funds earmarked for operational expenses. Harvard also suffered a steep deficit in non-restricted donor funds, $212 million, a possible indication that philanthropists now hesitate to write America’s oldest university a blank check due to its inveterate generating of negative publicity — prompted by such episodes as the institution’s botching the appointment of its first Black president by conferring the honor to a plagiarist and its failing repeatedly to quell antisemitic discrimination and harassment.

Despite the 2025 fiscal year deficit, the total value of Harvard’s endowment grew by 11.9 percent to $56.9 billion, according to the report. However, school officials noted the challenge that federal pressure has presented to its financial situation.

“Even by the standards of our centuries-long history, fiscal year 2025 was extraordinarily challenging, with political and economic disruption affecting many sectors, including higher education,” Harvard president Alan Garber said in a statement. “We continue to adapt to uncertainty and threats to sources of revenue that have sustained our work for many years. We have intensified our efforts to expand our sources of funding.”

US President Donald Trump’s abrupt cancellation of taxpayer funds awarded to Harvard maimed the university as well, dropping its federal sponsored revenue fell by 8 percent to $629 million and incinerating exorbitant dollar amounts from Harvard’s portfolio. Speaking to The Harvard Gazette on Thursday, Harvard’s chief financial officer Ritu Karla pointed to “$116 million in sponsored funds — which are reimbursements for costs the university has already incurred” that “disappeared almost overnight” when Trump penalized Harvard in April.

Harvard will continue to feel Trump’s wrath as it pays out a new tax on endowment investments which Congress imposed on the country’s wealthiest universities in July. Its liability could be as high as $368.2 million, climbing to $454.8 million by 2030, according to an analysis conducted by American Enterprise Institute (AEI) researchers Mark Schneider and Christopher Robinson.

As previously reported by The Algemeiner, in April, Trump ordered the expropriation of $2.26 billion in Harvard’s federal funds after the institution refused to agree to a wishlist of policy reforms that Republican lawmakers said would make higher education more meritocratic and less welcoming to anti-Zionists and far-left extremists. Contained in a letter the administration sent to Garber — who subsequently released it to the public — the policies called for “viewpoint diversity in hiring and admissions,” the “discontinuation of [diversity, equity, and inclusion, or DEI, initiatives],” and “reducing forms of governance bloat.” They also implored Harvard to begin “reforming programs with egregious records of antisemitism” and to recalibrate its approach to “student discipline.”

Harvard refused the president his wishes even after losing the money and took the issue to federal court. Meanwhile, it built a financial war chest, leveraging its GDP-sized assets to issue over $1 billion dollars in new debt and drawing on its substantial cash reserves to keep the lights on. Eventually, it overcame the administration in the first stage of litigation, securing from a judge appointed by former US President Barack Obama restitution of some of the funds the administration impounded — but the nine-figure sum it lost in the process has led to its largest budget deficit since the Covid-19 pandemic, according to The Harvard Crimson.

“We are also examining operations at every level of the university as we seek greater adaptability and efficiency,” Garber said in Thursday’s statement. “In parallel, we continue to ensure that our academic environment nurtures excellence in all of our endeavors. We are promoting open inquiry, constructive dialogue, and viewpoint diversity, and pursuing our priorities with the resolve that the times demand.”

In additional commentary contributed to the report, Harvard treasury officials Timothy Barakett and Ritu Kalra said, “All of these developments have raised new questions about the financial foundations of higher education and underscore a shifting federal policy environment that will shape the future.” They also said that the “this result could have been much worse,” adding, “it reflects not only the magnitude of the disruption, but also the discipline of a university community that acted quickly and with resolve.”

More disruptions are forthcoming, as Harvard may have to fight again for its taxpayer funds before a US Supreme Court with which it lost a historic case that ended racial preferences in admissions, a policy once popularly known as “affirmative action,” because the court found Harvard’s own imposition of the practice on applicants resulted in widespread discrimination against Asian Americans.

Furthermore, Harvard remains under investigation over its handling of campus antisemitism. The US House Committee on Education and the Workforce wrote to Garber last month asking the university to comply with requests for internal communications regarding discrimination complaints filed by Jewish students.

The committee said it is especially interested in documents related to an October 2023 incident in which two anti-Zionists activists, joined by a mob, assaulted a Jewish graduate student while screaming “Shame!” at him as he struggled to free himself.

“Obtaining the documents will aid the committee in considering whether potential legislative changes, including legislation to specifically address antisemitic discrimination, are needed,” said the letter, authored by the committee’s chairman, Rep. Tim Walberg (R-MI), and Rep. Elise Stefanik (R-NY). “Harvard does not appear to have disciplined — and instead has rewarded — two students who assaulted an Israeli Jewish student who was filming a ‘die-in’ protest on Oct. 18, 2023.”

Walberg and Stefanik also demanded confirmation of Harvard’s decision to pause a partnership with Birzeit University in the West Bank. The Harvard-Birzeit partnership was put into abeyance following an internal investigation of Harvard’s François-Xavier Bagnoud Center for Health and Human Rights (FXB), the institution directly affiliated with Birzeit. It is not clear what ultimately caused Harvard to discontinue the arrangement, but it is a move for which prominent members of the Harvard community and federal lawmakers have clamored before.

“As you know, postsecondary institutions that receive federal funds must maintain a safe learning environment and fulfill all obligations under Title VI and its accompanying regulations,” they continued. “This includes the obligation to promptly address discrimination, including harassment that creates a hostile environment, wherever such circumstances may be found to exist.”

Follow Dion J. Pierre @DionJPierre.

Continue Reading

Uncategorized

I’m an Iranian Student at Yale: Here Is the Problem With the University’s Discourse

Yale University Law School in New Haven, Conn. Photo: Juan Paulo Gutierrez/Flickr.

On April 7, the Yale MacMillan Center hosted a panel titled, “The War on Iran: A Roundtable Discussion.” The speakers repeatedly made false claims about Iran’s modern history and politics. When these claims were challenged by Iranians in the audience, they were met with dismissal and mockery.

This panel epitomizes a larger problem with how Iran is discussed at Yale. Our academic culture has allowed perceived expertise to shield weak and morally suspect arguments, while the voices of Iranians are only tolerated if they reinforce an established narrative.

Laura Robson, Elihu Professor of Global Affairs and History, started by saying she was “not an Iran expert.” She then described Iran’s 1953 government change as the United States collaborating with the British government to remove the democratically elected Prime Minister, “Mustafa” Mossadegh, in favor of the return of an autocratic monarchy.

This is inaccurate, not only because Robson actually meant “Mohammad” Mossadegh, but also because he was never democratically elected. When confronted, the professor claimed that descriptions of anybody, even beyond Iran, as democratically elected need to come with asterisks, morally equivocating dictators with other democratically elected leaders. She continued by saying there’s no question that the regime that the US replaced him with [Pahlavi 1953-1979] was more repressive than the one that came before it.

While criticisms regarding treatment of political prisoners apply to both the Pahlavi and Mossadegh periods, Robson omitted the fact that under Pahlavi, women gained the right to vote, run for office, and divorce. The legal marriage age was raised from 13 to 18. The first public gay wedding in the Middle East was held in Tehran, and the couple was congratulated by the Empress.

Arash Azizi, a fellow at the Yale Program for the Study of Antisemitism, said that former Iranian Foreign Minister Zarif speaks on behalf of the Iranian people, when the mass protests that occurred earlier this year — in which tens of thousands of people were killed — show that the regime clearly lacks popular support. This is something universally acknowledged by even those who oppose the current war.

The controversial US Special Envoy for Iran, Robert Malley, claimed that sanctions and war “have not done one iota” to weaken the Iranian regime or reduce its violence, and returned to the same conclusion he has defended for years: that blind faith in endless negotiation remains the only path forward regardless of past failures.

Contrary to this claim, the sanctions have significantly weakened the regime economically and constrained its terror proxies, and their conduct during this war shows how untrustworthy incessant negotiation attempts have been.

When an Iranian who had lost friends in the Ukrainian PS752 plane shot down and covered up by Zarif’s government asked the panel how they sleep at night knowing they support figures like Zarif, the panelists laughed and joked about using melatonin. The Iranian student’s emotional testimony was deemed uncivil by panel moderator Travis Zadeh, Chair of the Council on Middle East Studies, but the mockery that followed was treated as acceptable.

This is the problem with Iran discourse at Yale, and beyond Yale. Treating academic credentials as a pass to ignore views that don’t fit the pre-established political ideology of “experts” is not merely due to ignorance and disconnect from reality. It is a deliberate decision to launder these fundamental misunderstandings as facts in classrooms where future political leaders sit.

Iranian voices are already silenced through repression, Internet shutdowns, and executions. What little space that remains for Iran discussion is then hijacked by academics who avoid any resolution by framing everything about the region as “too complicated,” treat the region as a monolith, and present the regime’s terrorists as authentic Iranian voices.

Foreigners are told that any intervention is wrong, because Iranians must decide their own future. But when Iranians speak, they are silenced here and silenced in Iran by the very same policies that these foreign experts and discussion panels present as the best solution for Iran.

To make any progress towards peace, that choice must be reconsidered.

The Yale Daily News initially signaled interest in publishing this piece, but declined to move forward after heavy editorial pushback by at least one staff member.

Hadi Mahdeyan is an Iranian international student at Yale University, and a fellow at the Committee for Accuracy in Middle East Reporting and Analysis (CAMERA). Opinions expressed are those of the author and do not necessarily reflect those of CAMERA.

Continue Reading

Uncategorized

Group of Writers, Artists Urges Others to Boycott New York City’s Historic 92NY for Its Support of Israel

The 92nd Street Y (now known as 92Y) on New York’s Upper East Side. Photo: Ajay Suresh via Wikimedia Commons.

A group of anti-Israel artists and writers has launched an initiative urging creatives to boycott the New York institution 92NY, formally known as the 92nd Street Y, because the historic nonprofit community center has hosted cultural and political figures who support Israel.

The collective, called 92NO, wrote on its website that the 92NY “stage and venue is tainted by [its] actions throughout the genocide.”

In a statement explaining the group’s formation, members said their frustration with the 92NY started in October 2023, when it canceled a scheduled talk with Pulitzer Prize-winning novelist Viet ُThanh Nguyen that was organized by 92NY’s Unterberg Poetry Center. The event was called off after the author signed an open letter that criticized Israel and called for an immediate ceasefire in the Gaza Strip and an arms embargo on the Jewish state.

The same open letter accused Israel of “ethnic cleansing,” “genocide,” and the “occupation of Palestine.” It condemned “the deliberate killing of civilians,” without denouncing by name the Hamas terrorist organization, which led a deadly assault in southern Israel on Oct. 7, 2023, which started the conflict in Gaza. The letter was published shortly after the start of the Israel-Hamas war.

The cancellation of Nguyen’s event resulted in several writers withdrawing their own scheduled appearances from the 92NY and resignations from staff members. The 92NY venue paused events as part of its literary series “given recent staff resignations.” Seth Pensky, CEO of the 92NY, defended the decision at the time in an interview with New York Magazine and refuted accusations of “censorship.”

Nguyen has previously expressed support for the boycott, divestment, and sanctions (BDS) movement against Israel, and in 2024, he joined over 1,000 prominent authors in vowing to boycott Israeli cultural institutions, including publishers.

In its statement, 92NO noted that after the Nguyen event was canceled, 92NY organized “a series of public events boosting cultural and political support for Israel” that featured figures such as former Israeli Prime Minister Yair Lapid, journalist Bari Weiss, former US special envoy for monitoring and combating antisemitism Deborah Lipstadt, actress Debra Messing, and “various Israeli military, cultural, and academic figures.” The protest group accused 92NY of expressing a “clear bias and support for Israel’s ongoing assault on Gaza.”

“Throughout 2025 and into 2026, 92NY has continued to platform aggressively pro-Israel public figures,” the coalition stated, before listing featured speakers including journalist Bret Stephens, US Rep. Ritchie Torres, novelist Dara Horn, Israeli activist Hen Mazzig – whom the group labeled as an “Israeli propagandist” — Israeli journalists Ronen Bergman and Nadav Eyal, Bernard-Henri Lévy, New York Police Commissioner Jessica Tisch, former White House National Security Adviser Jake Sullivan, and Palantir CEO Alex Karp.

The group specifically accused Sullivan of having “outright complicity in the Gaza genocide,” and claimed he is “one of the chief architects and cheerleaders for Israel’s assault on Gaza.” 92NY also called Karp a “tech world Zionist Bond villain” and criticized Horn for “repeated genocide and apartheid denial.” They claimed Torres is “funding Israel’s genocide in Gaza” because he supports the US providing military aid to the longtime ally and took issue with his “obsessive pro-Israel posting on social media.”

“Nearly three dozen scheduled artists have withdrawn from events at 92NY,” 92NO said in conclusion. “Local activists gather regularly in front of the building to picket against the pro-war, pro-genocide speakers platformed on the 92NY stage. In April 2026, 92NO officially launched, calling on artists to refuse to allow their names and works to be used to launder the reputation of 92NY.”

92NY did not immediately respond to The Algemeiner‘s request for comment about 92NO.

On the 92NY.org Policy Page, the center has a section titled “Regarding Israel.”

“We reaffirm that, as we curate our programming going forward, we will continue to welcome a broad range of viewpoints to our platform, including welcoming people who are critical of Israel, as long as they have not and do not actively call for the destruction of the State of Israel or question its legitimacy,” the policy states. The institution also notes on its website that it will “work to avoid giving platform to hate speech of any kind, including misogyny, transphobia, homophobia, racism, Islamophobia, and, of course, antisemitism.”

Continue Reading

Uncategorized

Deni Avdija Makes History as First Israeli to Win NBA Playoff Game — on Israel’s Independence Day

Apr 14, 2026; Phoenix, Arizona, USA; Portland Trail Blazers forward Deni Avdija (8) fouls Phoenix Suns forward Dillon Brooks (3) in the second half during the play-in rounds of the 2026 NBA Playoffs at Mortgage Matchup Center. Photo: Mark J. Rebilas-Imagn Images via Reuters

Deni Avdija became the first Israeli to win an NBA Playoff game when his team, the Portland Trail Blazers, defeated the San Antonio Spurs 106-103 in a Game 2 matchup on Tuesday night, which marked the team’s first playoff win since 2021.

Under interim head coach Tiago Splitter, the 6-foot-8 forward made his playoff debut on Sunday against the Spurs and became just the second player in NBA history to record 30+ points, 10+ rebounds and 5+ assists in their first playoff game. He followed in the footsteps of NBA legend LeBron James, who did the same in 2006, according to the Trail Blazers. Avdija, 25, is also the first player from the Blazers to achieve those numbers in a playoff game in the history of the franchise.

The Blazers lost 98-111 loss on Sunday against the Spurs before redeeming themselves on Tuesday with a victory.

Avdija finished with 14 points, four rebounds, three assists, and one block over the span of 30 minutes in Tuesday’s Game 2 win over the Spurs in the first round of the playoffs. The Tel Aviv native finished the game as Portland’s third-leading scorer.

The Blazers will host the Spurs for Game 3 on Friday.

Before the start of the game on Israel’s Independence Day, which began on Tuesday night, Avdija was asked by Israel’s Sport 5 what he would bring from the Jewish state to the NBA. He replied, “The food, the sea, and the people.”

It was announced on Sunday that Avdija is one of three finalists for the NBA’s Most Improved Player award. He is up against Nickeil Alexander-Walker of the Atlanta Hawks and Jalen Duren of the Detroit Pistons. The winner of the award will be announced on Friday.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News