Harvard has been bleeding monetary assist since October, when Ivy League college students started campus demonstrations in assist of Hamas.
One in all their billionaire donors lately defined why he’s now not supporting the establishment, calling out the varsity for its embrace of DEI (range, fairness and inclusion) insurance policies.
Including insult to damage, he known as the scholars whiny snowflakes.
$500 million Harvard megadonor halts donations, says elite colleges produce ‘whiny snowflakes’
Hedge fund billionaire Ken Griffin, who has donated greater than $500 million to Harvard College through the years, has halted contributions to his alma mater and claimed elite colleges produce “whiny snowflakes.”
Griffin, one of many richest individuals on the planet, joins a rising checklist of donors to Harvard, the College of Pennsylvania, Columbia and different prime colleges who’ve determined to shut their checkbooks.
At a convention in Miami on Tuesday, Griffin expressed deep frustration with the state of American universities, together with the disastrous testimony earlier than Congress by the presidents of Harvard, MIT and UPenn.
Griffin, the founding father of hedge fund Citadel, stated he’s now not supporting Harvard financially however would really like that to alter.
“Till Harvard makes it very clear that they’re going to renew their position as [educators of] younger American women and men to be leaders, to be drawback solvers, to tackle tough points, I’m not concerned about supporting the establishment,” Griffin instructed CNBC’s Leslie Picker throughout the MFA Community Miami convention.
Watch the video beneath:
Billionaire Ken Griffin, who gave Harvard $300 million final yr:
“I’m not concerned about supporting the establishment.”
He asks if Harvard will return to educating younger individuals to be leaders or stay “misplaced within the wilderness” of DEI. pic.twitter.com/exLdTqHnv8
— Steve McGuire (@sfmcguire79) January 30, 2024
It actually looks as if the general public has lastly caught on to what a con and joke that increased training has grow to be lately and it’s hitting colleges the place it hurts most. Proper within the pockets.