Some small liberal arts colleges are worried about the endowment tax and wary of being lumped in with schools like Columbia University as Donald Trump attacks higher education.
Dartmouth College is not on the Trump administration’s target lists and its funding remains intact, unlike the rest of its peers. Its president may be why.
A federal judge ordered the release of Rumeysa Ozturk, a Turkish citizen studying at Tufts University on a student visa. She is one of thousands of students who face deportation, as the Trump administration escalates its attack on higher education.
Cris Hassold, a professor at New College of Florida for 50 years, left a mark on her 31 favorite students. “I think about her almost every day,” one said.
The current endowment excise tax of 1.4 percent could soon expand to numerous institutions and soar to as high as 21 percent for some, depending on value per student. Efforts to raise endowment taxes are in motion as the House Ways and Means Committee reportedly plans to unveil changes next week that will increase rates and include more colleges.
The proposal that emerged in news reports on Friday would create a tiered system, and only private colleges with endowments valued at more than $750,000 per student would pay a higher rate.
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