Rep. Mike V. Lawler (R-N.Y.), an ally of President Donald Trump, became the latest Republican lawmaker to introduce an endowment tax on Friday, proposing an 8.6 percent tax hike for Harvard and other ...

Alison Byerly is president of Carleton College in Northfield, Minnesota.

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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Republicans look to add taxes on college scholarships to help pay for Trump’s tax cuts - Alook at possible federal budget ...

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 ...

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

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 ...