President Donald Trump’s megabill includes an increased tax on the endowment income of the nation's top colleges. The Joint Committee on Taxation figures this endowment tax will bring in $761 million ...

As the Trump administration escalates its campaign to reshape education, a provision in the “Big Beautiful Bill” will raise the tax on select private colleges’ endowments. This story was produced for ...

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.

MIT plans to close two libraries due to a $300 million budget deficit, which it blames partly on the new 8% endowment tax.

Temple University led Philadelphia-area colleges with a 14% endowment return in fiscal 2025, while Penn's endowment remained ...

As we head into the fourth quarter of what has already been a busy year in the secondaries market, we wanted to revisit a topic from the summer that may impact sales activity: the endowment tax regime ...