Facing a notoriously low endowment, Georgetown has struggled to keep pace with universities with larger endowments in offering increased financial aid to middle-income students. “Schools like Harvard, ...
A big increase in the tax on university endowments is adding to financial uncertainty for the wealthiest colleges in the U.S., leading several already to lay off staff or implement hiring freezes.
Of Bowdoin's total endowment distribution in 2022–2023, approximately $42 million supported financial aid, accounting for approximately 77 percent of Bowdoin’s $54 million financial aid budget. The ...
The U.S. Senate Committee on Finance has proposed a smaller increase to the endowment tax on private universities and colleges than the reconciliation tax and spending bill previously passed by the ...
The Bowdoin College endowment, of which nearly half is permanently restricted by donors to the support of student financial aid, generated an investment return of 5.9 percent for the fiscal year that ...
For the fiscal year that ended June 30, 2023, Princeton’s endowment generated a 1.7% investment loss and its value stood at $34.1 billion. The average annual return on the endowment for the past 10 ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. A big increase in the tax on university ...
A big increase in the tax on university endowments is adding to financial uncertainty for the wealthiest colleges in the U.S., leading several already to lay off staff or implement hiring freezes.