Columbia University to Pay $221 Million to End Trump Clash

Columbia University to Pay 1 Million to End Trump Clash



Columbia University to Pay $221 Million to End Trump Clash
Columbia University reached a landmark deal with the Trump administration to restore federal funding for research, easing a crisis that has rattled the school’s finances and upended its leadership.
The Ivy League school will pay a $200 million penalty over three years to resolve multiple civil rights investigations, clearing the way for the reinstatement of the majority of more than $400 million in canceled grants and contracts, as well as access to billions of dollars in future grants. 
Columbia will pay another $21 million to settle claims that Jewish faculty and staff faced unlawful workplace discrimination following the October 2023 Hamas attack on Israel, according to the agreement.
Bloomberg’s Janet Lorin reports. (Source: Bloomberg)


www.bloomberg.com
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