The David Rubenstein Show Alan M. Garber
Oct 23, 2025
Alan M. Garber, President of Harvard University, tackles pressing issues facing the institution, including their lawsuit over $600 million in frozen federal research funding. He discusses recent admissions policy changes following the Supreme Court ruling, emphasizing the importance of diverse viewpoints on campus. Garber also addresses campus protests, how the university is supporting international scholars amidst visa uncertainties, and the challenges of balancing endowment restrictions with institutional needs.
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Why Harvard Sued Over Frozen Funding
- Harvard sued the federal government after it abruptly cut off research funding, arguing First Amendment and procedural violations.
- The university pursued litigation because roughly $600 million in contractually obligated research payments were frozen without due process.
Prioritize And Reallocate To Sustain Research
- When federal payments stopped, Harvard used central university resources to keep critical research running.
- Do prioritize essential projects and reallocate institutional funds temporarily to avoid immediate disruption.
Endowment Isn't A Free Cash Pool
- Harvard's endowment is largely restricted by donor terms and sustainability obligations, limiting flexible spending.
- That prevents treating the endowment as a rainy-day fund despite its large size.
