President Trump’s reelection has sparked sweeping reforms aimed at government efficiency, including proposed tax hikes on elite university endowments. The suggested 21% tax on schools like Harvard and Stanford could drastically increase their financial burdens, potentially raising tuition, cutting scholarships, and stifling academic progress. This policy could widen economic divides, making top-tier education less accessible for underprivileged students.
21% endowment tax hike proposed for Ivies and elite US colleges: Who really pays?
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