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interests / alt.education / $500 million Harvard megadonor halts donations, says elite schools produce 'whiny snowflakes'

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o $500 million Harvard megadonor halts donations, says elite schools produce 'whinhdr22@clintonemail.com

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$500 million Harvard megadonor halts donations, says elite schools produce 'whiny snowflakes'

<20240131.193332.c465814b@erienetworks.net>

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https://news.novabbs.org/interests/article-flat.php?id=2014&group=alt.education#2014

  copy link   Newsgroups: alt.education alt.politics.democrats alt.fan.rush-limbaugh talk.politics.guns sac.politics alt.politics.liberalism
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Date: Wed, 31 Jan 2024 19:33:32 -0500
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Subject: $500 million Harvard megadonor halts donations, says elite schools produce 'whiny snowflakes'
Message-ID: <20240131.193332.c465814b@erienetworks.net>
Newsgroups: alt.education,alt.politics.democrats,alt.fan.rush-limbaugh,talk.politics.guns,sac.politics,alt.politics.liberalism
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From: remailer@domain.invalid (hdr22@clintonemail.com)
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 by: hdr22@clintonemail.c - Thu, 1 Feb 2024 00:33 UTC

In <upcdv0$1c6l9$1@dont-email.me> total loser
<patriot1@protonmail.com> wrote:

> Obama cleaned toilets with his tongue at Harvard.

Hedge fund billionaire Ken Griffin, who has donated more than $500
million to Harvard University over the years, has halted
contributions to his alma mater and claimed elite schools produce
“whiny snowflakes.”

Griffin, one of the richest people in the world, joins a growing
list of donors to Harvard, the University of Pennsylvania, Columbia
and other top schools who have decided to close their checkbooks.

At a conference in Miami on Tuesday, Griffin expressed deep
frustration with the state of American universities, including the
disastrous testimony before Congress by the presidents of Harvard,
MIT and UPenn.

Griffin, the founder of hedge fund Citadel, said he is no longer
supporting Harvard financially but would like that to change.

“Until Harvard makes it very clear that they’re going to resume
their role as [educators of] young American men and women to be
leaders, to be problem solvers, to take on difficult issues, I am
not interested in supporting the institution,” Griffin told CNBC’s
Leslie Picker during the MFA Network Miami conference.

Harvard did not immediately respond to a request for comment.

The donor backlash at Ivy League schools raises questions about the
sway wealthy individuals hold over educational institutions.

Just last April, Griffin made a $300 million gift to Harvard’s
Faculty of Arts and Sciences (FAS). At the time, the billionaire
praised Harvard as a “great institution” and hailed FAS for being
“committed to advancing ideas that will shape humanity’s future,
while providing important insight into our past.”

Across four decades, Griffin has donated more than $500 million,
Harvard said at the time. That includes a $150 million contribution
to financial aid in 2014 that Harvard said holds the record for the
“largest single gift to undergraduate financial aid and to Harvard
College.”

Griffin, who has built a fortune that Bloomberg estimates is $37
billion, is now expressing significant concern about the direction
of elite schools and diversity, equity and inclusion (DEI) policies.

“Will America’s elite universities get back to the roots of
educating American children — young adults — to be the future
leaders of our country or are they going to maintain being lost in
the wilderness of microaggressions and a DEI agenda that has no real
endgame,” Griffin said.

DEI policies have emerged as a flashpoint at major universities and
in the business world, with some arguing they have gone too far.

Griffin suggested that students at elite schools are “just caught up
in the rhetoric of oppressor and oppressee and… just like whiny
snowflakes.”

A number of other major Harvard donors have halted their donations
to the school, including former Victoria’s Secret billionaire Leslie
Wexner and billionaire Len Blavatnik, whose family foundation has
donated at least $270 million to Harvard.

https://news.yahoo.com/finance/news/500-million-harvard-megadonor-
halts-204013749.html

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