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

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

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.