Massachusetts gives 155 million bond to private college, as campus president slams Trump for attacks on DEI

Massachusetts issued a $155 million tax-exempt bond to Mount Holyoke College for campus renewal, aligning with President Danielle Holley's op-ed criticizing President Trump’s attacks on diversity, equity, and inclusion (DEI). Holley pointed out that recent federal actions threaten progress for marginalized communities, including cuts to gender-focused research funding. The bond will finance the transition to geothermal energy and renovations of residence halls and academic buildings, enhancing the campus's sustainability. Economic Development Secretary Eric Paley emphasized the bond's role in modernizing the college and supporting the Western Massachusetts economy. Holley contended that dismantling DEI initiatives would negate the legacy of pioneers like Frances Perkins and hinder the educational mission.

The bond, purchased by TD Bank, reflects confidence in Mount Holyoke’s strategic vision. The college aims to create a more inclusive environment while improving its infrastructure. Holley reiterated the importance of DEI as integral to excellence in education, stating, “We will not retreat. We will teach. We will build.