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Source: US Department of Education

Headline: U.S. Department of Education Uncovers Vast Underreporting of Foreign Gifts and Contracts by Higher Education Institutions

WASHINGTON – U.S. Secretary of Education Betsy DeVos unveiled a report today detailing the massive failure of many colleges and universities to disclose more than $6.5 billion in funding and resources from foreign sources including China, Russia, Saudi Arabia, the United Arab Emirates, and Qatar. Section 117 of the Higher Education Act requires institutions of higher education to transparently report foreign gifts and contracts, yet over the course of the last year, the Department has uncovered billions in unreported financial ties.

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