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Friday, October 04, 2024

Universities Secretly Take Billions in Foreign ‘Ghost Dollars’: Report

American colleges and universities are accepting billions of dollars in foreign money without reporting it, according to a new report.

The National Association of Scholars released the report, which says that taking money from foreign governments and organizations without reporting it has become commonplace among American universities.

“Higher education is awash with conflicting interests,” said NAS Fellow and report author Neetu Arnold, who added that universities “search for partnerships and grants abroad, sometimes from adversarial governments.”
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