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More than a dozen schools across the nation are expected to fall under the top tax rate in the new Republican tax and ...
An endowment tax hitting Harvard University and MIT spares four wealthy small liberal arts schools. An unlikely ally was ...
President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.
Read more: With a war on Harvard raging, religious colleges get big tax break in Trump spending bill The new 8% endowment tax rate will only affect a few of the country's most selective colleges ...
Harvard President Alan M. Garber ’76 warned Monday that the combined financial impact of sweeping federal policy changes — ...
President Trump’s new tax law significantly raises levies on wealthy university endowments, placing Harvard and its peers under financial strain. While the policy targets institutional wealth, critics ...
Harvard's total endowment is valued at more than $50 billion. Senate Republicans, who are largely more moderate than their counterparts in the House, ultimately watered down the legislation.
President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments. Harvard, other Ivies hit with endowment tax hike in Trump spending ...
But the final law exempts schools with fewer than 3,000 students from endowment taxes, meaning Grinnell will get a $2.4 million tax cut. Grinnell College officials were bracing for a $30 million tax ...
With over $2.9 million per student and an endowment exceeding $53 billion, Harvard is firmly in the highest tax bracket. The tax applies only to annual investment income, which for Harvard stood ...
A new law, signed by former President Trump, significantly raises the endowment tax for wealthy private universities like Harvard, potentially costing them millions annually. This legislation ...