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

Harvard University warned that the combined cost of federal actions against the school, including a recently passed tax ...

The tax bill raises the highest endowment tax rate — first passed into law in 2017 during President Trump’s first term, but ...

Harvard plans to release its updated budget plan this week, but it gave staff a heads up that nearly $1 billion will be ...

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

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

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 ...

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 tax structure ‘extremely novel’ for higher education. Congress passed the current 1.4% tax rate in 2017. It applies to schools with more than 500 students and with an endowment per ...

What is the endowment tax? In 2017, Congress passed the 1.4% tax on wealthy colleges' investment earnings. It applies to colleges with at least 500 tuition-paying students and endowments worth at ...

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 ...

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.