A plea for sanity in financing a college education: Ted Diadiun

A plea for sanity in financing a college education: Ted Diadiun

Why taxpayers should be sending billions of dollars to schools such as Harvard, which boasts an endowment of $53.2 billion, is an interesting question – particularly in light of the fact that the university took in $1.14 million in donations during just 48 hours after the federal funding freeze was announced, writes Ted Diadiun in his column today.

House Republicans Propose Significant Endowment Tax Increase

The current endowment excise tax of 1.4 percent could soon expand to numerous institutions and soar to as high as 21 percent for some, depending on value per student. Efforts to raise endowment taxes are in motion as the House Ways and Means Committee reportedly plans to unveil changes next week that will increase rates and include more colleges.

Auchincloss: We Can't Raise Taxes on Endowments, We're Competing with China

On Friday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Jake Auchincloss (D-MA) stated that increasing taxes on college endowments wouldn’t make any sense since we’re trying to compete with China on research and development. Co-host Kailey Leinz said, [relevant exchange The post Auchincloss: We Can’t Raise Taxes on Endowments, We’re Competing with China appeared first on Breitbart.

GOP Eyes Tax Hike on Endowments in Escalation of Ivy League Feud

House Republicans are considering increasing taxes on university endowments, a significant threat to some of the nation’s wealthiest schools as President Donald Trump seeks to tighten control over American higher education.

GOP eyes endowment tax hike in escalation of Ivy League feud

House Republicans are considering increasing taxes on university endowments, a significant threat to some of the nation's wealthiest schools as President Donald Trump seeks to tighten control over American higher education.