Government News

Harvard Takes $9 MILLION From Small Business Bailout, Now Trump Wants it Back

President Donald J. Trump was furious when he found out Harvard University received a $9 million loan through the COVID-19 small business stimulus package and says he wants the university to give it back.

“Harvard should give back the money now. Their whole “endowment” system should be looked at,” he said.  Trump issued a veiled threat that if the school does not give the money back, he and his administration will get it back elsewhere.  Harvard receives a $40 million endowment from the government.  “”I want Harvard to pay the money back, okay? If they won’t do that, then we won’t do something else.”

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Phil Stilton

Phil Stilton is the editor and owner of Shore News Network. With over 30 years in the media and technology industry, Stilton is a worldwide published photograher and writer. Phil has served as an analyst for Gannett Co., The Asbury Park Press, Home News Tribune, NJ 101.5 and Press Communications. He was the editor of JTOWN Magazine, Toms River Magazine and Howell Magazine. He was also the digital editor of the Ocean Signal newspaper. Phil focuses on government news, politics, law, legislation and criminal news features for Shore News Network.