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Harvard President Takes 25% Pay Cut Amid Funding Crisis

5/17/2025

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Summary

Story summary

Harvard University President Alan Garber is set to take a 25% pay cut in response to nearly $3 billion in federal funding cuts from the Trump administration. The prestigious institution is grappling with a hiring freeze and has intensified its lawsuit against the government, arguing that the funding freeze infringes on academic freedom.

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Story summary

Harvard University President Alan Garber is set to take a 25% pay cut in response to nearly $3 billion in federal funding cuts from the Trump administration. The prestigious institution is grappling with a hiring freeze and has intensified its lawsuit against the government, arguing that the funding freeze infringes on academic freedom.