President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.

President Trump’s new tax law significantly raises levies on wealthy university endowments, placing Harvard and its peers ...

Harvard President Alan M. Garber ’76 warned Monday that the combined financial impact of sweeping federal policy changes — ...

For schools like Harvard, with its $53 billion endowment fund and $2.9 million in assets per student, the 2024 tax bill was imposed on $2.5 billion in distributed earnings. Harvard officials say the ...

On the campaign trail, Trump repeatedly championed an endowment tax hike as a way to punish elite institutions like Harvard. In a 2023 video, he vowed to fund a new online “American Academy ...

But the final law exempts schools with fewer than 3,000 students from endowment taxes, meaning Grinnell will get a $2.4 ...

As Trump battles elite colleges, House GOP looks to hike endowment tax by at least tenfold A passer-by walks along a path on the campus of Brown University, in Providence, R.I., Monday, Oct. 12, 2020.

Endowment tax hike would cost Harvard, ... Congress passed a 1.4 percent tax on investment income from university endowments that have at least $500,000 per student and at least 500 students ...

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.

As Congress looks to slash spending and raise revenue for President Donald Trump’s tax... As Trump battles elite colleges, House GOP looks to hike endowment tax by at least tenfold ...

As Trump battles elite colleges, House GOP looks to hike endowment tax by at least tenfold A passer-by walks through a gate to the Harvard University campus in Cambridge, Massachusetts, on Jan. 2 ...

Endowment taxes were introduced in Trump’s first administration. Colleges weren’t taxed on their investment gains until Trump’s 2017 tax package, which applied a 1.4% levy to schools that ...