Harvard has issued a102-page draft document to persuade investors to buy a new bond designed to raise funds to replace the billions being withheld from the school by the Trump Administration until Harvard agrees to comply with “both the intellectual and civil rights conditions that justify federal investment.” In other words, Harvard can eschew federal funding until it stops being a leftist indoctrination and propaganda tool and starts educating again.

Harvard has used Massachusetts’ municipal bond authority, overseen by hard-left Bay State governor Maura Healy, for $1,169,075,000 in bond offerings in 2024 and 2025. The proposed 2026 bond offering is for $675 million, which would bring the total to $1.8 billion in three years. You wouldn’t want Harvard to have to dip into its approximately $57 billion endowment, would you?

One eye-catching item in the draft: “First-year student applications received” by Harvard dropped more than 21 % to 47,893 for the 2025-2026 academic year from a high of 61,221 in 2022-23. This is below Yale with 54,919 applicants , Brown with 47,937 applicants, and Columbia’s 61,031 applications.

Harvard won’t release its application numbers for students entering in the fall of 2026 until it is required to by the federal government, the Harvard Crimson reported. Hey! I thought democracy dies in darkness! When an institution refuses to disclose something, one may fairly presume it has something to hide.

The Washington Free Beacon notes that while it is complaining that Nazi Trump is endangering potentially life-saving cancer research with its suspension of federal funds, Old Ivy employs 12 vice presidents while, for example, MIT somehow survives with a mere seven.

Harvard’s applications drop, I suspect, comes as it becomes increasingly clear that it fosters a culture antithetical to a full education and freedom of thought, all while remaining committed to anti-white, anti-male, anti-American objectives and os actively hostile to large sectors of American society. This has been in evidence for many years; the campus anti-Semitism and Claudine Gay debacle only brought into the open the ethics rot that was already well underway. Veteran readers here know that Ethics Alarms has been pointing to Harvard’s revolting conduct continually.

If my efforts have had even the most minuscule role in diverting a single vibrant young mind from attending this destructive institution, in the eloquent tradition of Lena Lamont in “Singing in the Rain,” it makes me feel as though my “hard work ain’t been in vain for nothin’.”