Investigation Prompts Schools to Report $6.5 Billion in Undisclosed - Foreign Gifts and Contracts Posted: Oct 21st, 2020 - 5:33 am
Universities in the United States reported $6.5 billion in previously undisclosed gifts and contracts from foreign sources as a result of an investigation by the Department of Education.
Federal law requires universities to disclose substantial foreign gifts and contracts to the Department of Education (DOE) twice a year. Many have for years failed to do so, while others have underreported. After the department opened an investigation into the matter in 2019, 60 schools that had never complied with the law disclosed $350 million in previously unreported foreign funds, according to a report (pdf) released by the DOE on Oct. 20.
Education Secretary Betsy DeVos unveiled the findings of the report at an event on Oct. 20, alongside officials from the Justice Department and the State Department.
“The threat is real, so we took action to make sure the public is afforded the transparency the law requires,” Devos said. “We found pervasive noncompliance by higher-ed institutions and significant foreign entanglement with America’s colleges and universities.”
The vast majority of the foreign funds went to America’s largest and most prestigious universities, which have received billions in assets through a bevy of intermediaries. All of the institutions involved are in the meantime dependent on U.S. taxpayer subsidies while operating largely “divorced from any sense of obligation to our taxpayers or concern for our American national interests, security, or values,” the report states.
Excerpt
LINK/URL: Investigation Prompts Schools to Report $6.5 Billion in Undisclosed
Post A Reply Reply By Email Options
Complete Discussion Below: ( marks the location of current message within thread)
- WE OFFER ALL TYPE OF LOAN PERSONAL LOANS AND BUSINESS LOAN
- WE OFFER PERSONAL LOAN, BUSINESS LOAN, AND DEBT CONSOLIDATIO LOAN
- Quick Financial Services business and personal loans Online with Direct Lenders
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Posts
- DO YOU NEED AN URGENT LOAN TO SOLVE YOUR FINANCIAL NEEDS
- WE OFFER BUSINESS LOANS, PERSONAL LOANS, DEBT CONSOLIDATION
- Financial Services business and personal loans no collateral require
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- EMERGENCY LOANS, URGENT BUSINESS AND PERSONAL LOAN FAST AND EASY
- WE OFFER ALL TYPES OF LOAN (BUSINESS LOAN, PERSONAL LOAN, CONSOLIDATION LOAN, CAR LOAN
- URGENT LOAN OFFER ARE YOU IN NEED CONTACT US
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Financial Services business and personal loans no collateral require
- WE OFFER ALL TYPES OF LOAN (BUSINESS LOAN, PERSONAL LOAN
- WE OFFER QUICK LOAN PERSONAL LOAN, BUSINESS LOAN, AND DEBT CONSOLIDATION LOAN
- Several Medical Language Specialists needed ASAP
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- URGENT LOAN OFFER TO SOLVE YOUR FINANCIAL ISSUE BUSINESS LOANS AVAILABLE
- Quick Financial Services business and personal loans Online with Direct Lenders
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Financial Services business and personal loans no collateral require
- WE OFFER QUICK LOAN PERSONAL LOAN, BUSINESS LOAN, AND DEBT CONSOLIDATION LOAN
- DO YOU NEED A DEBT LOAN, BUSINESS LOAN AT 3% INTEREST RATE
- DO YOU NEED A PERSONAL LOAN / BUSINESS LOAN AT 3% INTEREST RATE? APPLY
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Urgent Loan To Clear All Your Financial Debts Contact us
- Financial Services business and personal loans no collateral require
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- WE OFFER ALL KIND OF LOANS OFFER GUARANTEE FOR BUSINESS AND PERSONAL LOAN USE
- WHAT IS ALL THIS JUNK
- nVoq
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- WE OFFER ALL KIND OF LOANS OFFER GUARANTEE FOR BUSINESS AND PERSONAL LOAN
- EMERGENCY LOANS, URGENT BUSINESS AND PERSONAL LOAN FAST AND EASY
- Financial Services business and personal loans no collateral require
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Urgent Loan To Clear All Your Financial Debts Contact us
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Financial Services business and personal loans no collateral require
- DO YOU NEED A PERSONAL LOAN / BUSINESS LOAN AT 3% INTEREST RATE? APPLY
- Bad Credit Loans, Business Loan, Debt Loan Support
- Business And Personal Loan, Opportunity
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Financial Services business and personal loans no collateral require
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
|