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He also again hit out at the school’s governing board, saying it has become insular and that there is no mechanism to remove members the way there is in corporate America where investors can run board challenges. The U.S. Department of Education informed Harvard on Monday that it was freezing billions of dollars in future research grants and other aid until the university concedes to a number of demands from the Trump administration, a senior department official said.
Ministers hope the app could be rolled out as early as 2026, meaning teenagers will no longer have to collect their results in person (pictured: Brighton College pupils picking up their GCSE results last year) Ackman has long been at odds with Harvard, criticizing the university for not doing enough to protect students from antisemitism. Early last year he launched an unsuccessful bid to get four candidates on the ballot for a governing board.
“They have lost all future grants, their tax exemptions are at risk,” Ackman said on a panel at the Milken Institute Global Conference where 5,000 financiers, educators and scientists gather to discuss critical issues of the day. And they say it could sit in the new ‘gov.uk wallet’ currently being designed by the Department for Science, Innovation and Technology, which can be used for official digital documents such as drivers’ licenses.
He added: ‘We believe this will reduce administrative burdens on schools, and in the future could also be utilised by parents of younger children to support transition from primary to secondary school.’ James Bowen, assistant general secretary at school leaders’ union NAHT, said: ‘It makes a lot of sense to look into modernising how exam results are handled and varsity tutor cost any moves to cut bureaucracy and costs are welcome.
However, pupils will still receive a hard copy, and schools will continue to open as normal on results day to welcome pupils and give advice (pictured: a DfE prototype for the new ‘Education Record’ app) Pepe Di’Iasio, General Secretary of the Association of School and College Leaders, said: ‘The Education Record app represents a positive step forward in making greater use of digital technology in education and will bring benefits to students, schools and reading programs homeschoolers colleges. Education minister Stephen Morgan said: ‘It is high time exam records were brought into the 21st century, and this pilot will allow schools and colleges to focus on what they do best: teaching the next generation rather than being bogged down in bureaucracy.’ The financier runs New York-based hedge fund firm Pershing Square Capital Management and has been a vocal supporter of Trump’s policies on tariffs and spending.
Harvard is “a collection of buildings, nice real estate” located in Cambridge, Massachusetts next to the Charles River, he said. “What happens when you have a board that can self-appoint itself, and it becomes insular, and with a $53 billion endowment, they think, okay, we can just do whatever is on our mind.
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