Explained: Which US universities will pay higher endowment taxes...

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Explained: Which US universities will pay higher endowment taxes from 2026 under Trump’s law and why it matters

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From 2026, Trump-era reforms will sharply raise taxes on wealthy private university endowments, with top-tier schools like Harvard, Yale, Stanford, and MIT facing up to 8% rates. The shift could cut financial aid, research, and hiring, as institutions adjust to multimillion-dollar added costs, amid broader debates on wealth in academia and access for low-income students.

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