Princeton University Says It Won’t Take Federal Stimulus Money

From Bloomberg: Princeton University said it won’t accept funding from the federal government to help colleges that have been hurt by economic impact of the coronavirus pandemic. “Princeton, which did not request these funds, has examined whether it could use them in a manner consistent with congressional intent and guidance provided by the Department of Education,” spokesman Ben Chang said Wednesday in a statement. “We have also taken steps to meet additional needs resulting from Covid-19, and will continue to look for opportunities to do so throughout this crisis.”