Here’s what the endowment tax in Trump's 'big beautiful bill' may mean for your college tuition
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最新报道：Several elite U.S. universities face financial strain as Congress debates expanding the endowment tax to include schools with over $1 billion in assets. The proposed "Big Beautiful Bill" could nearly double the current 1.4% tax rate on investment income for about 50 institutions, including Harvard and Stanford. University administrators warn this may force cuts to financial aid programs and research funding. Supporters argue the measure would generate $10 billion annually for federal programs while targeting wealthy institutions that currently pay minimal taxes. The bill's fate remains uncertain as lawmakers weigh concerns about higher education affordability against budget deficit reduction goals.
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