Saturday, May 23, 2020

Follow The Money


The Department of Education has uncovered billions of dollars in unreported donations to American colleges from China and Russia, the Department told House Republicans during a briefing and in a letter this week.
The DOE has so far found $6 billion in unreported donations as a part of House Republicans' inquiry into U.S. colleges under investigation for violating Section 117 of the Higher Education Act of 1965, Townhall reported Friday. Section 117 prohibits an Institution of Higher Education from falsely reporting or failing to report foreign gifts of $250,000 or more.
According to a letter obtained by the news outlet, the DOE's Office of the General Counsel wrote: "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. However, the evidence suggests massive investments of foreign money have bred dependency and distorted the decision making, mission, and values of too many institutions."
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