Harvard University to spend $100 million to redress its slavery ties

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Harvard University to spend $100 million to redress its slavery ties
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Harvard University's president acknowledged its history includes 'extensive entanglements with slavery.'

Harvard President Larry Bacowthe historic pledge on Tuesday, along with the release of the more than 100-page report on the institution's legacy of slavery. The report also included recommendations for reparations from a special committee formed to study the issue.

"As the committee's report powerfully documents, Harvard's history includes extensive entanglements with slavery," Bacow wrote in ato the Harvard community."The report makes plain that slavery in America was by no means confined to the South." The university also benefitted from financial ties to donors who accumulated their wealth through the slave trade, the report found.

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