previously an all womens college, has faced deficits in the past and relies on student tuition for a balanced budget. Hood also said it has dipped into its endowment at an increased percentage ...

WASHINGTON (AP) — A tax on the endowments of America's wealthiest colleges began during President Donald Trump's first administration, collecting 1.4% of their investment earnings. Under ...

The American Council on Education, which lobbies on behalf of college presidents, calls it a “tax on scholarships." Before that, colleges weren't taxed on their endowment income. The tax ...

Pastor Munther Isaac of the Bethlehem Evangelical Lutheran Christmas Church in Bethlehem of Judea was given a speaking platform a few weeks ago on March 25 at Wheaton College outside of Chicago to ...

House Republicans already were considering a hike in the tax on college endowments’ earnings from 1.4% to 14% as part of Trump’s tax bill. As the president raises the stakes in his fight with ...