As Trump battles elite colleges, House GOP looks to hike endowment tax by tenfold or more

An Endowment Tax Is Worse Than You Think

As I’ve written previously, university spending generates enormous social good. That’s why, for generations, the government has subsidized our research. Now, in a complete about-face, the Trump administration wants to punish us for it.

During his first term, President Donald Trump imposed a tax on the funds of the richest universities in the United States, raising 1.4% of their investment earnings.

A tax on college endowments began in Trump's first administration. It could soon rise

A tax on the endowments of America’s wealthiest colleges began during President Donald Trump’s first administration, collecting 1.4% of their investment earnings.

Colleges Know How Much Families Are Willing to Pay. Here’s How.

Last month, four Republicans from the House and Senate sent letters to the presidents of Ivy League schools demanding years of data about how they decide what to charge. These institutions, the letters said, “establish the industry standard for tuition pricing, creating an umbrella effect for all colleges and universities to justify higher tuition costs than they could otherwise charge in a competitive market.” In fact, no more than a few dozen …

Community Colleges and Trump II — The James G. Martin Center for Academic Renewal

It’s axiomatic that elections have policy consequences. The shift in emphases and priorities for taxpayer funding is central to many such policy changes. Thus, it should come as no surprise that the second Trump administration has taken steps, in line with the longstanding preference of many conservatives, to reduce the federal government’s financial footprint across American higher education and, in many cases, to revisit the administrative reg…