For schools like Harvard, with its $53 billion endowment fund and $2.9 million in assets per student, the 2024 tax bill was imposed on $2.5 billion in distributed earnings. Harvard officials say the ...

Harvard University warned that the combined cost of federal actions against the school, including a recently passed tax ...

More than a dozen schools across the nation are expected to fall under the top tax rate in the new Republican tax and ...

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 ...

An endowment tax hitting Harvard University and MIT spares four wealthy small liberal arts schools. An unlikely ally was ...

Harvard’s Lobbying Spending Rose by 17% in 2024, ... In April, Garber described the possibility of an endowment tax hike as the “threat that keeps me up at night” in remarks to faculty.

Harvard's total endowment is valued at more than $50 billion. Senate Republicans, who are largely more moderate than their counterparts in the House, ultimately watered down the legislation.

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 ...

Read more: With a war on Harvard raging, religious colleges get big tax break in Trump spending bill The new 8% endowment tax rate will only affect a few of the country's most selective colleges ...

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.

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 ...