Government

Universities have been reluctant to tap their endowments to plug research funding holes or finance a lawsuit against Trump’s attacks. Could bonds serve that purpose instead?

Critics say the deep cuts to the National Endowment for the Humanities, which has supported research and learning at colleges since 1965, “will ripple across American life.”

While the DOE claims the plan will save taxpayers $405 million, research groups say it’s a “ruinous” policy that will “slow the pace of American research and innovation.”