CMU avoids endowment tax under Trump’s ‘Big Beautiful Bill’ that other elite schools will see

CMU avoids endowment tax under Trump’s ‘Big Beautiful Bill’ that other elite schools will see

Carnegie Mellon University, which has the largest endowment of any private institution in the Pittsburgh area, will not feel the pains of an endowment...

J.D. Vance Wanted to Tax Universities Within an Inch of Their Lives. Instead, We Got … This?

Yes, some schools will have to pay more endowment tax. But this isn’t nearly the bloodbath the vice president hoped.