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HomePoliticsInvestigation Prompts Schools to Report $6.5 Billion in Undisclosed Foreign Gifts and...

Investigation Prompts Schools to Report $6.5 Billion in Undisclosed Foreign Gifts and Contracts

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Universities in the United States reported $6.5 billion in previously undisclosed gifts and contracts from foreign sources as a result of an investigation by the Department of Education. Federal law requires universities to disclose substantial foreign gifts and contracts to the Department of Education (DOE) twice a year. Many have for years failed to do so, while others have underreported. After the department opened an investigation into the matter in 2019, 60 schools that had never complied with the law disclosed $350 million in previously unreported foreign funds, according to a report (pdf) released by the DOE on Oct. 20. Education Secretary Betsy DeVosRead More From Source

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