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 Endow Application 2024-2025

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Harvard Princeton some of the other Ivy League schools routinely top the list of the wealthiest endowment funds but that could change uh if former president Trump and his uh running mate JD Vance win the election in November Robert Frank joins us now with more hey Robert Good morning Joe good to see you well one of JD Vance's signature bills in the Senate was a plan to tax University endowments he called for raising the investment tax from endowments over10 billion from 1.4% to 35% Senate Democrats knocked it down in the end but he and other Republicans in the House and Senate continue to support the plan Vance says that universities like Harvard Princeton Emory Duke even Vanderbilt and others need to be more accountable he said their endowments have grown on the backs of taxpayers and are actually quote hedge funds with universities attached now this tax would apply right now to about a dozen or more universities Harvard's endowments around $50 billion right now Yale at 41 Stanford Pr

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