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 ...

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

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

President Trump’s new tax law significantly raises levies on wealthy university endowments, placing Harvard and its peers ...

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 ...

But the final law exempts schools with fewer than 3,000 students from endowment ... as Harvard University for amassing large ...

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 ...

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.