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International Business Times
International Business Times

Trump Announces $500 Million Settlement With Harvard University

A person dressed as Donald Trump approaches a group of protestors outside of the John Joseph Moakley United States Courthouse on July 21, 2025 in Boston, Massachusetts.

WASHINGTON — President Donald Trump announced Tuesday that his administration has reached a $500 million settlement with Harvard University, a deal he said would also push the university to launch new trade schools focused on artificial intelligence, engineering and workforce training.

"This deal forgives their sins," Trump said at the White House, describing the settlement as part of his administration's effort to hold elite universities accountable.

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