The Trump administration is demanding that at least 60 U.S. colleges and universities change their policies or lose out on billions of dollars in federal funding. In Harvard University’s case, the government has accused the Ivy league school – so far without providing any specific evidence – of violating some students’ civil rights by allowing other students to engage […] … learn more→
Tag Archives: endowments

Endowments aren’t blank checks – but universities can rely on them more heavily in turbulent times

A new tax on big college and university endowments is sending higher education a message
The nation’s wealthiest private colleges and universities have a new expense. Thanks to a provision in the tax reform package that President Donald Trump signed in late 2017, these schools are paying a 1.4% tax on their net investment income. This highly targeted tax only applies to schools with endowments worth at least US$500,000 per tuition-paying student. One aspect […] … learn more→

GOP plan to tax college endowments like Yale’s and Harvard’s would be neither fair nor effective
Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my interest. Colleges create endowments by raising funds from alumni, companies and other donors, invest the money in stocks, bonds and other […] … learn more→