President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.

At a faculty meeting in April 2024, Harvard President Alan M. Garber ’76 described the prospect of a higher endowment tax as “the threat that keeps me up at night.” ...

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Harvard layoffs: Harvard Kennedy School (HKS) has announced staff layoffs and significant budget cuts as it grapples with financial pressures stemming from federal funding reductions and a looming ...

Based on Harvard’s most recent financial returns — $2.5 billion in earnings in fiscal year 2024 — the University could owe roughly $200 million annually in taxes on its endowment earnings.

A college investment revolution led by David Swensen minted decades of big returns by embracing illiquidity. Now the $838 bln ...

Harvard University and the Massachusetts Institute of Technology (MIT) have leaned on a century-old law to avoid paying out large sums in lawsuits despite having billion-dollar endowments, legal ...

Elite universities offer to spend more endowment cash to stave off tax hit after Trump attacks ‘woke’ policies: report By Ariel Zilber Published June 9, 2025, 11:51 a.m. ET ...

During 2021, the year that Mr. Swensen died, Yale’s endowment had swelled to $42.3 billion, behind Harvard but billions ahead of almost every other university endowment.

NEW YORK (AP) — Barnard College has settled a lawsuit that accused the college of not doing enough to combat antisemitism on ...

As AI and large language models rapidly advance, is regulation needed to prevent the fate Krauthammer suggests befell other civilizations?

Legendary Yale University endowment head David Swensen loved to riff on Benjamin Franklin’s line about life’s only certainties being death and taxes. True, Swensen would say, but the adage ...