The "one big beautiful" tax-and-spending package President Donald Trump signed on Friday included several significant changes for higher education — among them, an increased tax on the endowment ...
The “Big, Beautiful Bill” added additional taxes on a small set of universities. Now budget cuts have hit campuses across the ...
President Donald Trump is working with Congress to raise taxes on university endowments, a move many college administrators — including Duke’s — say would put further pressure on financial aid ...
The head of the Connecticut university’s chapter of the American Association of University Professors calls it “demoralizing.” The university is expected to pay $300 million per year due to the ...
Stream Los Angeles News for free, 24/7, wherever you are. Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject to the highest ...