America’s most prestigious universities, together with Harvard, Yale, and Stanford, are bracing for an unprecedented hike in taxes on their multi-billion-dollar endowments. A brand new regulation, signed final month by President Donald Trump as a part of his flagship spending invoice, replaces the flat 1.4% levy with a tiered system charging the wealthiest colleges as…
In 2025, a shocking pattern is unfolding throughout US greater schooling: a number of the nation’s wealthiest and most prestigious universities are shedding employees in massive numbers. With endowments within the tens of billions, establishments like Harvard, Stanford, and Johns Hopkins might sound financially bulletproof. However this yr’s sweeping federal funding cuts have revealed simply…
Harvard College has prolonged its campus-wide hiring freeze and warned of a possible $1 billion annual monetary loss, on account of a number of coverage selections rolled out by the Trump administration. The college cited a mixture of analysis funding cuts, new restrictions on worldwide college students, and a pointy improve within the tax on…
