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pepperonikkid

DOE probe into colleges finds $6B in unreported funds from China, Russia

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pepperonikkid

DOE probe into colleges finds $6B in unreported funds from China, Russia

 

 

https://nypost.com/

By Bob Fredericks

May 22, 2020 

 

Article:

 

A probe by the Department of Education into colleges that accept foreign investments and donations has uncovered $6 billion in previously unreported foreign donations from US adversaries including China and Russia, a report said Friday.

House Republicans were monitoring the investigation into the schools to determine if they were violating Section 117 of the Higher Education Act of 1965, which prohibits an “Institution of Higher Learning” from failing to properly report foreign gifts of $250,000 or more, Town Hall reported.

In a letter from the department obtained by the website, general counsel Reed Rubinstein said that while some colleges recognized that foreign cash from US adversaries could pose a security risk, others had become addicted to the money.

“Some IHE leaders are starting to acknowledge the threat of foreign academic espionage and have been working with federal law enforcement to address gaps in reporting and transparency,” the letter said.

“However, the evidence suggests massive investments of foreign money have bred dependency and distorted the decision making, mission, and values of too many institutions,” the letter continued.

“The Department shares Congress’ concerns regarding unreported and unregulated foreign direct investment into the US higher education system, and the potential for foreign sources to use strategic investments to turn American college campuses into indoctrination platforms,” the letter added, before acknowledging that they did not have all of the data they had requested because of legal challenges from schools questioning Congress’ right to obtain the data.

“Certain institutions have yet to produce requested emails, metadata, and other information regarding business relationships with, and faculty funding from, Chinese, Middle Eastern, and Russian foreign sources. The Department is negotiating for this important information and hopes to have access to all relevant records in the near term,” the letter said.

The delays are partly because the schools are saying the Freedom of Information Act prevents the department from disclosing all of the information to Congress.

 

 

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Dean Adam Smithee

Contractor to the "Other" DoE... Energy, not Education.

How come WE don't get this sort of scrutiny????

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Taggart Transcontinental

So schools became addicted to enemy money? Crackheads become addicted to crack but we still throw them in jail. Time to throw some of these fools in jail too.

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Ticked@TinselTown
49 minutes ago, Taggart Transcontinental said:

So schools became addicted to enemy money? Crackheads become addicted to crack but we still throw them in jail. Time to throw some of these fools in jail too.

That would explain the caliber of educators one finds in the halls of academia these days....

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Hieronymous
16 hours ago, Taggart Transcontinental said:

So schools became addicted to enemy money? Crackheads become addicted to crack but we still throw them in jail. Time to throw some of these fools in jail too.

Or elect them mayor of DC

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firecoco
1 hour ago, Hieronymous said:

Or elect them mayor of DC

The b!tch set me up

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