WASHINGTON (AP) — A tax on the endowments of America’s wealthiest colleges began during President Donald Trump’s first administration, collecting 1.4% of their investment earnings. Under Republican ...
Endowments are navigating an increasingly hostile environment as colleges and universities face attacks on multiple fronts. With schools losing federal funding, universities including Harvard are ...
President-elect Donald Trump has said that he will hike taxes on the endowments of large universities that he views as left-leaning. As a result, Yale’s endowment of $41.4 billion could be at risk.
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