Are the feds really subsidizing Harvard?

Are the feds really subsidizing Harvard?

One common talking point circulating in the media is the notion that the federal government is “subsidizing” Harvard University to the tune of tens of millions of dollars — despite the Ivy League institution’s massive endowment, which totaled $53.2 billion in 2024. The implication: Why should taxpayers foot the bill when Harvard has billions at its disposal? Here’s the truth: Nearly all universities in the United States receive some level of fed…