© 2025 Connecticut Public

FCC Public Inspection Files:
WEDH · WEDN · WEDW · WEDY
WEDW-FM · WNPR · WPKT · WRLI-FM
Public Files Contact · ATSC 3.0 FAQ
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

New Haven Activists Pressure Yale To Cancel Investments In Puerto Rico Debt

Ryan Caron King
/
Connecticut Public Radio
Jasanea Hernandez speaks at a press conference where a local activists and elected officials called for Yale University to cancel its investments in Puerto Rican debt.

A coalition of activist groups, union organizers, and elected officials are calling for Yale University to disclose and cancel its holdings in Puerto Rican debt.

Lea esta historia en español. / Read this story in Spanish.

Union organizers in New Haven say at least five of Yale’s investment managers for its $27 billion endowment held debt from Puerto Rico last year. The hurricane-torn island faces a $73 billion debt -- and filed for bankruptcy last May.

“The people of Puerto Rico are suffering,” said state Representative Christopher Rosario, chair of the Connecticut Legislative Black and Puerto Rican Caucus. “I have family spread out from Kentucky to Ohio to Florida, even as far as Hawaii -- because they’ve been [displaced] by this natural disaster. We’re asking Yale: lead by example. Do the right thing, cancel the debt -- not only cancel the debt but invest into the future of Puerto Rico,” he said.  

Jasanea Hernandez is a public school food service worker in New Haven and an officer for a union representing local hospitality workers.

She says she’s seen many children from Puerto Rico enter her school system after Hurricane Maria hit the island.

“Yale University seeks profit, while my community, including the children, bear the burden,” Hernandez said.

A spokesperson from the university could not be reached for immediate comment.

Ryan Caron King joined Connecticut Public in 2015 as a reporter and video journalist. He was also one of eight reporters on the New England News Collaborative’s launch team, covering regional issues such as immigration, the environment, transportation, and the opioid epidemic.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.

SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.

Related Content