Trump signs law hiking tax on Harvard’s endowment income: Elite universities brace for financial hit
A new law, signed by former President Trump, significantly raises the endowment tax for wealthy private universities like Harvard, potentially costing them millions annually. This legislation, part of a broader conservative agenda, impacts financial aid, research, and global collaborations. Changes to student loans and increased lobbying efforts further complicate the landscape for higher education.
A new law, signed by former President Trump, significantly raises the endowment tax for wealthy private universities like Harvard, potentially costing them millions annually. This legislation, part of a broader conservative agenda, impacts financial aid, research, and global collaborations. Changes to student loans and increased lobbying efforts further complicate the landscape for higher education. What's Your Reaction?
