{"id":46836,"date":"2026-04-20T13:18:43","date_gmt":"2026-04-20T17:18:43","guid":{"rendered":"https:\/\/angry.net\/blog2\/?p=46836"},"modified":"2026-04-20T13:18:43","modified_gmt":"2026-04-20T17:18:43","slug":"is-woke-harvard-going-broke","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=46836","title":{"rendered":"Is Woke Harvard Going Broke?"},"content":{"rendered":"

Good day all. It\u2019s time to revisit the Kremlin on the Charles, better known as Harvard University. Harvard isn\u2019t doing to well these days. They have the DoJ looking into them for civil rights violations and applications to attend have dropped. Now it looks like they might be starting to have financial problems.<\/p>\n


\n<\/p>\n

These financial issues have led Harvard to look at borrowing a lot of money. Here are the details from the Washington Free Beacon<\/b><\/a>:<\/p>\n

Harvard is going to try to borrow more money, issuing $675 million in tax-exempt bonds with the help of the state of Massachusetts, according to a preliminary official statement dated March 27, 2026.<\/b><\/p>\n

Tax exempt bonds? I will freely admit that I don\u2019t know how bonds for private entities work, but I was under the impression that they weren\u2019t tax exempt.<\/p>\n

The 102-page document<\/a>, a draft offering document used to help line up buyers for the bonds, offers some hints at how Harvard is coping under intense pressure<\/a> from the federal government, which says<\/a> the university has “failed to live up to both the intellectual and civil rights conditions that justify federal investment.”<\/b><\/p>\n

\"\"<\/a><\/p>\n

The Massachusetts Development Finance Agency is controlled by Governor Maura Healey, a Democrat and former captain of the Harvard women\u2019s basketball team; Harvard has already tapped the agency for $1,169,075,000 in bond offerings in 2024 and 2025, and if this offering is completed at the $675 million level, Healey\u2019s helping hand to Harvard via Massachusetts’ municipal bond authority will reach a total of more than $1.8 billion.<\/b><\/p>\n

\"\"<\/a><\/p>\n

This sounds like Govno Maura Healey might be using her office to help her alma mater. I can\u2019t say that she is violating any laws, but it really doesn\u2019t look good. In any case, it looks like parents and high school seniors have figured out that a Harvard degree, in many cases, isn\u2019t worth the parchment it\u2019s printed on and have decided to go to other schools.<\/p>\n

“First-year student applications received” by Harvard plunged more than 21 percent to 47,893 for the 2025-2026 academic year from a recent high of 61,221 in 2022-23. Peer institutions such as Yale reported 54,919 applicants<\/a> this year, Brown 47,937 applicants<\/a>, and Columbia 61,031 applications<\/a>. Harvard isn\u2019t releasing its application numbers for students entering in the fall of 2026 until it is required to by the federal government, the <\/b>Harvard Crimson<\/b><\/em> reported<\/a>.<\/b><\/p>\n

<\/p>\n

I think we know the reason why. Right off the bat, Students who happen to be Jewish are reconsidering Harvard after the last few years of flat out antisemitism. We\u2019re also seeing a number of potential employers looking at what Harvard has been producing in recent years and deciding that they weren\u2019t interested. This is something that will affect the parents and student\u2019s decision making process.<\/p>\n

Harvard, which has been complaining it is so financially strapped that potentially life-saving cancer research is endangered, employs 12 vice presidents. The United States of America somehow manages with just one vice president, and MIT somehow survives with a mere seven<\/a>.<\/b><\/p>\n

Harvard, and pretty much all schools at all levels are way overstaffed with administration types who don\u2019t actually do anything useful, like actual teaching or research on worthwhile subjects. These administrators are also way overpaid for what they actually do, which is, from what I see, not much.<\/p>\n

Harvard says in the preliminary official statement that “various legislative, administrative, and enforcement actions initiated by the federal government and its agencies against the University, some of which allege violations of law,” may have “a material adverse effect on the current and future financial profile and operating performance of the University.” It said the developments involving the federal government may reduce revenue, adversely affect the university\u2019s tax status, or damage “the reputation or business of the University.”<\/b><\/p>\n

<\/p>\n

Allow me to translate. Harvard is being investigated for civil rights violations by the DoJ, and also being asked rather pointed questions by Congress. Because of the actions of Harvard\u2019s administration, their tax exempt status is also being looked at. Finally, Washington is also looking at how research funds are being used and saying. Yeah, no. We aren\u2019t going to pay for this garbage any longer.\u201d<\/p>\n

Now Harvard does have plans for the money they raise with their bonds. They are planning on construction of a new building for the \u201cStudy of Economics.\u201d This was announced by Penny Pritzker, he senior fellow of Harvard\u2019s key governing board, the Harvard Corporation. If you are wondering, yes, she\u2019s part of the Pritzker family and is the sister to that fat turd of a Govno, JB Pritzker, She was tight with Obama and Biden and had positions in both maladministrations.<\/p>\n

<\/p>\n

As a condition of qualifying for the Massachusetts tax-exempt financing, Harvard “agrees that no part of the Project, so long as it is owned or controlled by the Institution, shall be used for any sectarian instruction or as a place of religious worship or in connection with any part of a program of a school or department of divinity for any religious denomination.” This is supposed to be to comply with the First Amendment\u2019s establishment clause, but the language is so sweeping that it probably infringes on the free exercise clause.<\/b><\/p>\n

It probably does, but I don\u2019t think the Communists running Harvard are to concerned about that.<\/b><\/p>\n

In a “roadshow” slide presentation that goes with the bond documents, Harvard touts its “endowment valued at $56.9 billion as of June 30, 2025.”<\/b><\/p>\n

And that begs the question that has been running through my mind since I started working on this post. Why isn\u2019t Harvard tapping into that endowment? Isn\u2019t this just what it\u2019s for?<\/p>\n

That endowment is allocated 41 percent to private equity and 31 percent to hedge funds, according to the most recent Harvard Management Company annual report<\/a>, so one way to look at the situation, since money is at least somewhat fungible (not all the endowment is restricted) is that Harvard is borrowing to invest in private equity and hedge funds.<\/b><\/p>\n

\"\"<\/a><\/p>\n

There is a lot more in the Washington Free Beacon story regarding Harvard\u2019s resources, spending, how their management company isn\u2019t actually performing all that well and other assorted things. Still, Harvard is sitting on over $56 billion dollars, so why are they looking to generate bonds? I don\u2019t know, but this isn\u2019t the first time they\u2019ve done this.<\/p>\n

In 2016, 2020, 2024, and 2025, Harvard quickly followed tax-exempt bond offerings with taxable bond offerings. It\u2019s not clear if the university plans to do the same this year. The lead managers for the offering are Goldman Sachs and Morgan Stanley.<\/b><\/p>\n

Interesting how these all happened at certain interesting periods. 2016? President Trump wins. 2020? The Great Panicdemic of 2020. 2024? President Trump reelected. 2025? The walls are starting to close in on Harvard. Now understand that this is all really high end finance and am by no stretch of the imagination an expert. I do have questions on how a supposedly \u201cPrivate Entity\u201d can be allowed to sell tax free bonds. I\u2019m sure someone can explain it in the comments.<\/p>\n

<\/p>\n

However, when all is said and done, Harvard is looking at a major structural issue. People are now seeing what that $100K a year degree is generally worth, and these days, it isn\u2019t much. I doubt Harvard is going to close in the next few years, they are way to entrenched. I do think that if enrollments keep dropping, Harvard is going to have to do some serious structural work. Right off the bat, they need go get rid of all the WOKE DEI twerps. Will that happen?<\/p>\n

<\/p>\n

Thatisall<\/p>\n\"1\"2\"3\"4\"5 (2<\/strong> votes, average: 5.00<\/strong> out of 5)
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Good day all. It\u2019s time to revisit the Kremlin on the Charles, better known as Harvard University. Harvard isn\u2019t doing to well these days. They have the DoJ looking into them for civil rights violations and applications to attend have … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[176,100,71,315,219],"tags":[491,1282,215,125,1274,222,1138,658,216,90,101,413,21,110,24,34,951],"class_list":["post-46836","post","type-post","status-publish","format-standard","hentry","category-economy","category-moonbat","category-news-of-the-day","category-precious-snowflakes","category-the-good-idea-fairy","tag-communists","tag-dei","tag-democrats","tag-epic-fail","tag-finance","tag-good-idea-fairy","tag-harvard","tag-ivy-league","tag-liberals","tag-moonbattery","tag-news","tag-progressives","tag-scams","tag-scoamf","tag-socialism","tag-stupidity","tag-woke"],"views":31,"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":44868,"url":"https:\/\/angry.net\/blog2\/?p=44868","url_meta":{"origin":46836,"position":0},"title":"Harvard borrowing $750 million because, Trump","author":"Angry Webmaster","date":"April 22, 2025","format":false,"excerpt":"Good day all. Once upon a time, Harvard University was considered the finest University in America. (Although Yale and Princeton would argue the point) They produced people who became captains of industry, lawyers, doctors and presidents. Then things started downhill. I\u2019m not sure exactly when it happened, probably in the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/736x\/74\/de\/d3\/74ded31e499138ef70b358ecbb88cb3a.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":45390,"url":"https:\/\/angry.net\/blog2\/?p=45390","url_meta":{"origin":46836,"position":1},"title":"Harvard\u2019s arrogance could cost them $1 billion in taxpayer funds","author":"Angry Webmaster","date":"July 30, 2025","format":false,"excerpt":"Good day all. It\u2019s time to revisit the Kremlin on the Charles, Harvard University. If you have been living under a rock for the last six months, the Trump Administration has been hammering Harvard and the other Ivy League schools that have been ignoring things like civil rights, the constitution\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/736x\/56\/84\/8d\/56848d448ff150155011d55e04765628.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":41859,"url":"https:\/\/angry.net\/blog2\/?p=41859","url_meta":{"origin":46836,"position":2},"title":"Harvard doubles down on support for Hamas and Antisemitism","author":"Angry Webmaster","date":"December 19, 2023","format":false,"excerpt":"Good day all. With the massive terrorist attack by Hamas on Israel October 7th, and Israel\u2019s all out war to destroy Hamas, something appeared that most people in the United States weren\u2019t expecting. Flat out calls by Progressives and Liberals, (Like there is a difference), in the Ivy League schools\u2026","rel":"","context":"In "Moonbat"","block_context":{"text":"Moonbat","link":"https:\/\/angry.net\/blog2\/?cat=100"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/7b\/61\/b3\/7b61b3a097a49102f9ec0615de7000c9.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":45366,"url":"https:\/\/angry.net\/blog2\/?p=45366","url_meta":{"origin":46836,"position":3},"title":"Could Harvard lose their accreditation?","author":"Angry Webmaster","date":"July 27, 2025","format":false,"excerpt":"Good day all. Things are going from bad to worse for the Elite Ivy League schools, especially Harvard. Things really started going downhill after the Hamas October 7th attack on Israel and Israel\u2019s decision to put an end to them. Almost overnight, you saw anti-Israel and antisemitic protests with out\u2026","rel":"","context":"In "Just Desserts"","block_context":{"text":"Just Desserts","link":"https:\/\/angry.net\/blog2\/?cat=135"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/736x\/01\/ac\/97\/01ac973e3a73eeb40b8bc7ea6a641314.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":41877,"url":"https:\/\/angry.net\/blog2\/?p=41877","url_meta":{"origin":46836,"position":4},"title":"More shoes dropping on Harvard. Applications are down","author":"Angry Webmaster","date":"December 27, 2023","format":false,"excerpt":"Good day all. It would be nice to say that after almost 400 years, Harvard is going out of business. Sadly, they are sitting on so much money, that won\u2019t be happening any time soon. What is happening is enrollment applications are way down. There was a time that getting\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/74\/de\/d3\/74ded31e499138ef70b358ecbb88cb3a.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":28340,"url":"https:\/\/angry.net\/blog2\/?p=28340","url_meta":{"origin":46836,"position":5},"title":"Harvard sued for slavery?","author":"Angry Webmaster","date":"March 30, 2019","format":false,"excerpt":"Good day all, in the category of \u201cWTF, Over?\u201d we have this little gem that has landed in the streets of Cambridge Massachusetts. Harvard University is being sued for using pictures of slaves. The story revolves around some old Daguerreotype, (An early form of photograph) showing a slave. Some greedy\u2026","rel":"","context":"In "History"","block_context":{"text":"History","link":"https:\/\/angry.net\/blog2\/?cat=5"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/97\/ae\/4d\/97ae4de5c35d6b7fbff698d8c2d1e0ba.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/46836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46836"}],"version-history":[{"count":2,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/46836\/revisions"}],"predecessor-version":[{"id":46838,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/46836\/revisions\/46838"}],"wp:attachment":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}