President Donald Trump 's One Big, Beautiful Bill has undergone multiple revisions over the past few months. One of the most controversial changes? A major shift in how top colleges and universities are taxed — potentially putting college tuition and financial aid at risk. Endowment tax explained The bill introduces a steep increase in endowment taxes, targeting institutions with large financial reserves. While the current law imposes a flat 1.4% tax on income from university endowments, the

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