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The Richest Colleges Are Fighting To Protect Their Endowments From Taxation
The Richest Colleges Are Fighting To Protect Their Endowments From Taxation Before Donald Trump announced plans to cut $400 million from Columbia University, top U.S. colleges were already preparing to counter financial threats from his administration, according to a new report from Bloomberg. The grant cancellation, citing alleged inaction against antisemitism, is one of several tactics Trump is using to pressure elite universities. These institutions also face potential tax hike
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