Endowment tax could rise to 8% In addition to cuts in federal funding, lawmakers in Congress are weighing an increase in the tax on large university endowments, potentially raising the current 1.4% rate to as much as 8%.

Harvard University’s campaign of defiance against the Trump administration could cost the Ivy League university up to a $1 billion a year in revenue if the president follows through with his

Lawyers, students, researchers and higher education leaders debate whether Harvard should consider a deal with the Trump administration.