A flag hangs on campus at Harvard University in Cambridge, Massachusetts, on September 4, 2025. Shannon Stapleton/Reuters/File

President Donald Trump on Tuesday previewed a $500 million deal on trade schools with Harvard University, following months of talks about a potential settlement amid a broader fight between the Trump administration and the school.

“I guess we reached a deal with Harvard today, so we’ll see. What you have to do is paper it, right, Linda?” Trump asked Education Secretary Linda McMahon during an event in the Oval Office on pediatric cancer, before later saying the administration is “close to finalizing” it.

McMahon responded affirmatively but did not provide any specifics.

CNN has reached out to Harvard.

Officials from Harvard and the White House have been i

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