College endowment tax is leading to hiring freezes and could mean cuts in financial aid

How Trump’s new tax rate on college endowments is threatening university jobs and financial aid

A big increase in the tax on university endowments is adding to financial uncertainty for the wealthiest colleges in the U.S., leading several already to lay off staff or implement hiring freezes.Spending more endowment money on taxes could also lead colleges to reduce financial aid, cutting off access to elite institutions for lower-income students, colleges and industry experts have warned. President Donald Trump signed the tax increase into l…

Harvard, MIT among colleges expected to face highest new tax on endowments

Wealthy colleges will be on the hook to pay hundreds of millions more in taxes, while also navigating reductions in research grants and other threats to funding by the Trump administration.

College endowment tax is leading to hiring freezes, could mean aid cuts

he new tax rates take effect in 2026.

An endowment tax in Trump’s ‘big beautiful bill’ could lead colleges to cut financial aid

President Donald Trump's flagship tax and spending bill includes an increased tax on the endowment income of the country's top colleges.

College Endowment Tax Is Leading to Hiring Freezes and Could Mean Cuts ...

College endowment tax is leading to hiring freezes and could mean cuts in financial aid - The Boston Globe

The new tax rates take effect in 2026, but colleges such as Harvard, Yale, and Stanford already are citing the tax as one of many reasons for making cuts across their universities.