Yale University announces hiring freeze, spending cuts amid...

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2025-07-05 11:47:33 -

Yale University announces hiring freeze, spending cuts amid proposed US endowment tax hike

Yale University is implementing cost-cutting measures, including a hiring freeze and expenditure reductions, due to potential tax policy changes impacting its endowment income. A proposed amendment in Congress could significantly increase Yale's endowment tax, leading to concerns about funding for research, academics, and student aid. The university is monitoring the legislative outcome and...

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