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 ...

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

More than a dozen schools across the nation are expected to fall under the top tax rate in the new Republican tax and ...

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

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

Harvard, which has already been cut off from billions in federal funding since Trump regained office, is one of a handful of schools hardest hit by the new tax burden. "It's billions of dollars that ...

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 ...

WASHINGTON – Harvard University has become a favorite punching bag of President Donald Trump, and the massive tax and spending bill he signed on July 4 is about to deal the Ivy League school ...

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 ...

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

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.