Key Points ・College endowments are typically tax-exempt, but a 2017 law imposed a 1.4% tax on investment income for a small group of wealthy private universities. ・A new proposal seeks to increase the ...

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These include potentially taxing college scholarships, eliminating student loan repayment plans, and significantly increasing ...

As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

The bill, largely pushed by legislators for Middletown where Wesleyan is located, would allow municipalities to tax ...

EXCLUSIVE: A GOP lawmaker is seeking to significantly raise taxes on endowment profits being banked by private universities to align their levy with the current corporate tax rate. Many private ...

Harvard spent $620,000 on lobbying the federal government in 2024 — the most it’s spent since 2010 — as the University attempts to dissuade lawmakers from imposing a larger endowment tax and other ...

In the last decade, Princeton has recorded an average return of 9.2 percent on the endowment. New Jersey could place an ...

An endowment is nothing like a savings account” that the university can simply “dip into” when the need arises.

Ivy League, elite universities, and related higher education organizations substantially boosted lobbying of Congress and the administration in 2024, as GOP lawmakers eye several options to raise ...