The cost of prestige: Stanford slashes $140 million amid tax...

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2025-07-01 11:33:34 -

The cost of prestige: Stanford slashes $140 million amid tax assault and vanishing research funds

Stanford University is set to cut $140 million from its budget, citing federal research funding losses and a looming endowment tax hike. As staff layoffs loom and scientific output stalls, the university—under Justice Department scrutiny—faces a deepening financial and ideological crisis. The move signals growing federal hostility toward elite academic institutions and the broader...

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