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Endowment tax set to hit private universities

The tiered tax system imposes rates up to 8% on endowment earnings, potentially forcing top private universities to cut staff and reduce financial aid, experts say.

Summary by Tulsa World
A big increase in the tax on university endowments adds 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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  • 83% of the sources are Center
83% Center

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Morganton News Herald broke the news in on Wednesday, August 13, 2025.
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