Summary
President Trump announced that his administration is close to reaching a $500 million agreement with Harvard University. The deal includes Harvard paying $500 million to establish trade schools, focusing on areas like AI education. This agreement aims to end a conflict between the administration and the university.
Key Facts
- The deal involved a $500 million payment from Harvard University.
- Harvard will use the money to set up trade schools.
- The trade schools will teach subjects such as artificial intelligence (AI).
- This agreement seeks to resolve a dispute where the Trump administration cut over $2.6 billion from Harvard's research funding.
- The administration had also attempted to stop Harvard from enrolling foreign students due to disagreements over campus policies.
- President Trump described the deal as a significant investment in education.
- The issue arose from demands related to reducing activism and ending certain campus programs.
