Prestigious universities like Yale and Harvard might have failed to report the hundreds of millions of dollars in foreign gifts and contracts as required by law. This has been shared by the US Justice Department Of Education. According to the department, the Yale University in Connecticut received hefty amounts as foreign money. But it has failed to report at least $375 million of such gifts over the last four years.
According to Federal law, most colleges and universities need to report gifts from and contracts with foreign sources that are more than $250,000 twice a year. But both the top universities seemed to have failed to do so, raising a red flag. Speaking over the matter, US Secretary of Education Betsy DeVos has said, “This is about transparency. If colleges and universities are accepting foreign money and gifts, their students, donors, and taxpayers deserve to know how much and from whom.”
The worms are out of the can since last week when Yale received a request from the Education department for records of certain gifts and contracts from foreign sources under Section 117 of the Higher Education Act of 1965, said university spokeswoman Karen Peart.
But by doing so and not declaring the same, the university might land up favoring admission to those who can grease their palms than to those who genuinely deserved admission. It has been reported in the past, that countries like Qatar have tried to swindle their way into such prestigious universities by giving in large amounts of aid to professors and research scholars.
Post such gifts, students of choice have taken admission and worked as members of sleeper cells in America for years together. Their activity has gone unnoticed and their threat to national security never became apparent until the time they became active. See more News of America Today .