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

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

At some colleges, the higher endowment tax exceeds the college's total financial aid budget, according to higher education expert Mark Kantrowitz, "making it difficult for colleges to continue to ...

A CNBC Special Report looks into the possible impacts the “one big, beautiful” bill could have on higher education, ...

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...

Grinnell's endowment was worth $2.67 billion as of June 30, 2024, amounting to more than $1.4 million per student.. No other private college or university in Iowa comes close to meeting the law's ...

House Republicans already were considering a hike in the tax on college endowments’ earnings from 1.4% to 14% as part of Trump’s tax bill.

House Republicans already were considering a hike in the tax on college endowments’ earnings from 1.4% to 14% as part of Trump’s tax bill. As the president raises the stakes in his fight with ...

At institutions like Colorado College and DePauw, endowment income typically covers a larger portion of operating budgets – for some, up to 50% — compared to just 15% at larger schools.

The new proposal would tax endowments valued between $500,000 and $750,000 per student at the current 1.4 percent, while those valued at between $750,000 and $1,250,000 would pay 7 percent.