What is a college endowment, and why should you care?
The U.S. Senate’s tax reform bill contains a provision that will apply an excise tax to large college endowments. The provision is a stark illustration of how members of Congress just don’t understand endowments, the roles they play in higher education and the impact this tax will have on students and their hard-working families.
Originally published: December 15, 2017
Author: Margee Ensign
Institution: Dickinson College
Published by: Huffington Post