The price of prestige: Why did elite universities open their doors to Jeffrey Epstein?
Elite American universities, despite their prestige, rely heavily on private donations. This financial model created an opening for financier Jeffrey Epstein to engage with institutions like Harvard and MIT. The article reveals how the pursuit of funding can overshadow due diligence, leading to reputational damage. This system highlights a structural vulnerability in academic fundraising.
Elite American universities, despite their prestige, rely heavily on private donations. This financial model created an opening for financier Jeffrey Epstein to engage with institutions like Harvard and MIT. The article reveals how the pursuit of funding can overshadow due diligence, leading to reputational damage. This system highlights a structural vulnerability in academic fundraising.
