When Congress approved the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, the measure included a “Christmas-in-March” gift of $801 million to the nation’s 25 most-richly endowed colleges and universities.
The largesse for the campus institutions was first exposed May 5 by Open The Books, a Chicago-based government spending watchdog, but President Donald Trump sparked a national outcry in April, when he demanded that Harvard return the $8.6 million it was slated to receive.
