The "one big beautiful" tax-and-spending package President Donald Trump signed on Friday included several significant changes for higher education — among them, an increased tax on the endowment ...
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Trump’s new endowment tax is already reshaping higher education
Society / StudentNation / The “Big, Beautiful Bill” added additional taxes on a small set of universities. Now budget cuts have hit campuses across the Ivy League and elsewhere. Zachary Clifton This ...
Some of the nation’s wealthiest universities are hoping to avoid a huge potential tax hike by pitching an alternative plan to Congress: a pledge to spend more of their own money. The current version ...
Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject to the highest rate. (Schools with fewer than 3,000 tuition-paying students ...
Stream Los Angeles News for free, 24/7, wherever you are. Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject to the highest ...
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