Harvard University owns a hotel overlooking the Charles River that charges as much as $300 a night for a room. Yet the country’s richest higher-education institution doesn’t pay a cent in taxes on revenue from the property in Boston and hasn’t for at least five years. Now, the federal government wants to know: are taxpayers getting shorted?
The University of Central Florida was banned from the football and men’s basketball postseason this year and is on probation through 2017 because it knowingly allowed third parties to recruit and make cash payments to athletes, college sports’ governing body said.
A study of graduation rates for teams in the men’s college basketball championship tournament shows levels little changed, with Harvard University and Duke University among eight schools at 100 percent.