Prominent U.S. universities face steep endowment tax hikes in fiscal year 2026, as a law passed by Congress takes hold. Schools like Yale and the Massachusetts Institute of Technology are making cuts ...
In an interview with The Daily Princetonian this September, University President Christopher Eisgruber ’83 was asked about a lobbying group he reportedly spearheaded to fight the Trump ...
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University endowment tax hike is costing students, not just colleges: Here’s why it matters more than you think
A significant hike in the tax on university endowments is placing financial pressure on some of the wealthiest private research universities in the US. The new law, signed by President Donald Trump as ...
In written responses to a Congressional inquiry about higher-education finances, the country’s wealthiest private universities characterized their tax-exempt status as crucial to their academic and ...
Yale University's endowment grew by billions during the last fiscal year - further securing its spot as the second wealthiest private university in the nation. As of June 30, Yale's endowment was ...
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. Banners hanging from Memorial Church on the ...
Presidents from a number of wealthy universities notorious for their liberal leanings have finally come across a government tax they do not like, and they have penned a frantic letter to Washington ...
Add Yahoo as a preferred source to see more of our stories on Google. The U.S. Education Department said it will start garnishing wages from student borrowers in default. (Catherine Lane/Getty Images) ...
Add Yahoo as a preferred source to see more of our stories on Google. A Worcester Polytechnic Institute banner hangs on a post near the Courtyard Worcester and the Hampton Inn & Suites on Prescott ...
With a large increase in the federal tax on university endowments income beginning this year costing Yale University $300 million, the university is reducing the size of its Ph.D. programs by ...
Penn’s total net assets increased by roughly $2.9 billion in fiscal year 2025, according to a recently released financial report. The Feb. 6 document indicated a $1.5 billion increase in revenue, a $1 ...
Members of the Iowa House advanced a bill Thursday to implement an annual tax on the value of endowments at “certain Iowa colleges and universities.” House Study Bill 544 would impose an annual tax ...
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