House Republicans Put Ivy League’s Massive Endowments On Chopping Block
Monday, 12 May 2025 () House Republicans are proposing to dramatically raise taxes on elite universities’ massive endowment profits as part of President Donald Trump’s “one big, beautiful bill.” The House Ways and Means Committee’s tax bill released Monday afternoon would target universities’ endowments through a tiered-approach based on institutions’ endowment per student ratio. Raising the tax on certain universities’ […]