Small Colleges Depend on Their Endowments. The Tax Should Not Be Raised. (Opinion)

Small colleges depend on their endowments. The tax should not be raised. (opinion)

For countless students, especially those from low- and middle-income backgrounds, small liberal arts colleges offer more than an education — they serve as the launchpad to a lifetime of opportunity. These institutions, here in Colorado and across the country, open doors to academic rigor, financial aid, and lifelong networks that would otherwise be out of reach. That’s why Congress’s proposed expansion of the federal endowment tax is so troublin…

Use the Endowment Tax Revenue to Build Tomorrow’s Workforce

This post relies on data from a forthcoming report. In the ongoing budget reconciliation process, House and Senate Republicans have each advanced plans to increase taxes on college and university endowments. The proposals come amid increasing Republican skepticism of American higher education: high costs, low returns, antisemitic sentiment, and administrative bloat are just some of the issues they’ve raised. Recent survey data underscores this t…