News and Commentary

Top Universities Hid Billions Of Dollars In Foreign Donations, Report Finds

Tim Pearce
Top Universities Hid Billions Of Dollars In Foreign Donations, Report Finds
Maddie Meyer/Getty Images

Top universities in the United States took billions of dollars in secret funding from foreign entities, according to a Tuesday report from the Department of Education.

The report is the result of an investigation by the department launched last year into whether colleges and universities were accurately reporting foreign donations. Such donations from foreign countries are not illegal, but must be cleared with the federal government if they amount to over $250,000 in one year, according to The Wall Street Journal.

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