Colleges Brace for Fight Over Taxing Endowments

November 02, 2017

Congressional Republicans appear poised to take on college endowments as part of their tax plan, setting up a potential major fight with higher education groups in the coming months. As they hammer out the final details of their bills, House and Senate tax writers are considering scaling back the tax breaks for universities with endowments, several higher education and tax lobbyists said.

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