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.

Nearly 40 small schools will no longer have their endowments taxed thanks to a 2025 law. Some are using the savings to boost financial aid.

A recent amendment to the Senate Republicans’ domestic policy megabill could see small colleges and universities across the U.S. excused from paying an endowment tax, Politico reported Saturday.

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.

Small private colleges are working together to lobby against the sweeping budget bill making its way through Congress that would hike taxes on endowments and land with particular force on their ...

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.

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