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Penn takes out $500M credit line amid federal funding cuts

Summary by Inquirer
A Penn spokesperson said the move helps the university's credit match "its current financial scale.” Harvard and Yale have also made moves, selling bonds as President Donald Trump targets colleges.

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Penn takes out $500M credit line amid federal funding cuts

A Penn spokesperson said the move helps the university's credit match "its current financial scale.” Harvard and Yale have also made moves, selling bonds as President Donald Trump targets colleges.

·Philadelphia, United States
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Inquirer broke the news in Philadelphia, United States on Tuesday, June 17, 2025.
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