U.S. backs down in fight with Harvard, MIT over student visas

Re:U.S. backs down in fight with Harvard, MIT over student v... by baron_harkonnen on Tuesday July 14, 2020 @04:51PM (#23837668)

I think it's more a case of the Trump administration momentarily forgetting the Harvard is basically a hedge fund that runs a college and that their revenue stream is not to be messed with.

If they added a clause that the rule only applied to colleges with an endowment of less than $1 billion it would continue along just fine.

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Re:U.S. backs down in fight with Harvard, MIT over student v... by psychometry on Tuesday July 14, 2020 @04:54PM (#23837719)

Actually, in the case of Harvard it affected far more PhD students than tuition-paying undergrads. Also, dozens of universities, cities, and states signed on to this lawsuit. It has little to do with Harvard's bottom-line.

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Re:U.S. backs down in fight with Harvard, MIT over student v... by jessaustin on Tuesday July 14, 2020 @11:46PM (#23841076)

Harvard's endowment was not built from undergraduate tuition. 20% of undergrads don't pay tuition, and half pay reduced tuition, anyway. [0] You're correct, though, that Harvard's actions in this situation have nothing to do with a "revenue stream". Occasionally Harvard does the right thing, simply because it's the right thing to do.

[0] https://college.harvard.edu/financial-aid

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