21% endowment tax hike proposed for Ivies and elite US colleges: Who really pays?

21% endowment tax hike proposed for Ivies and elite US colleges: Who really pays?

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.

Tags: No tags

Add a Comment

Your email address will not be published. Required fields are marked *