Brown University Secures $500 Million Loan After Warning of Financial Issues

Ivy League University Takes Out Additional $500 Million Loan Due To Federal ‘Uncertainty’

'Uncertainty related to evolving federal policy'

Brown University Takes Out $500M Loan After Funding Freeze

Brown University is taking out a $500 million loan as it faces a prolonged federal funding freeze and braces for other changes to federal policy, Bloomberg reported.

Brown secures $500 million loan amid federal funding uncertainty

Brown has secured a $500 million loan amid federal cuts to research and financial aid in recent months, marking at least the second major loan the University has taken out in the span of four months.The University originally struck a deal for a $300 million loan in April after the Trump administration announced it would freeze $510 million in federal funding to the University.The loans supplement a number of additional cost-cutting measures by t…

Brown University Secures $500 Million Loan After Warning of Financial Issues

Brown University took out another private loan, securing a $500 million agreement after the Ivy League school warned of “deep financial challenges.”