US EditionAs Trump administration targets higher education, Maine colleges worry endowments are next
- Congressional Republicans are considering tax increases on elite universities' endowments to fund legislative priorities in response to President Donald Trump's push against campus antisemitism.
- The proposed legislation aims to raise the existing 1.4% tax on elite universities' endowment profits to 21% and expand its application to more institutions by changing the per-student endowment threshold from $500,000 to $200,000.
- Republican Texas Representative Troy Nehls' proposal could generate between $70 billion to $112 billion over ten years by adjusting the tax rate from 1.4% to 21%.
- Harvard University, with a $53 billion endowment in fiscal year 2024, paid only $45 million in federal taxes, raising concerns among lawmakers about the fairness of current tax policies on wealthy institutions.
10 Articles
10 Articles
Central Maine News
Portland Press HeraldAs Trump administration targets higher education, Maine colleges worry endowments are next
The state's higher education leaders say GOP-backed bills to raise endowment taxes would produce negligible benefits while forcing schools to slash financial aid and operating budgets.
America First Report
Uncanceled NewsVictor Davis Hanson Tells Ivy League Universities to Take the Trump Deal Before It’s Too Late
(Daily Signal)—Hello, this is Victor Davis Hanson for The Daily Signal. We’ve talked about higher education before, but now it’s come into sharper focus with the Trump administration’s deadlock with Harvard University over its unwillingness or inability—whatever term we like to use—to meet the administration’s demands that it ensures an antisemitic-free campus that does not allow people to disrupt classes. It doesn’t use race, after the Supreme …
GOP Reps Pitch Plans To Take On Ivy League Endowment Tax Breaks In ‘Big Beautiful Bill’
Congressional Republicans are eying tax increases on certain colleges’ endowment revenue amid President Donald Trump’s broader pressure campaign on universities to crack down on antisemitism that has been allowed to fester on campuses. GOP lawmakers are considering several pieces of legislation that would raise the 1.4% tax rate on elite universities’ endowment profits and expand the […] GOP Reps Pitch Plans To Take On Ivy League Endowment Tax B…
The Daily Signal
newenglishreview.orgAdvice for Ivy League Universities: Take the Trump Deal, Before It’s Too Late
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for The Daily Signal. We’ve talked about higher education before, but now it’s come into sharper focus with the Trump administration’s deadlock with Harvard University over its unwillingness or inability—whatever term we like to…
The Daily Caller
GOP Lawmakers Pitch Plans To Take On Ivy League Endowment Tax Breaks In ‘Big Beautiful Bill’
Congressional Republicans are floating several proposals to substantially widen the scope of the university endowment tax.
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