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Donald Trump proposed taxing large private university endowments as part of his 2024 election campaign.
This tax aims to fund the creation of the "American Academy," a new institution designed to provide free, high-quality educational content. The tax would target excessively large endowments, collecting billions of dollars to support this initiative
This proposal is part of a broader effort to reshape higher education and address political controversies within universities. The tax on endowment investment income could significantly impact universities with large endowments.
This just sounds like they're going to contract PragerU to rebrand their videos and then someone will pocket billions of dollars.
Trump University.
Did that already happen or am I now adding grifts to the long list that do exist?
Who in their right mind is against this?
Anyone who can see that with any republican sentiment in the government, that 'high quality educational content' is going to be pants on head idiotic shilling for conservative viewpoints?
Read the letter sent to Harvard. It will give you the idea what the new higher ed would look like.
Anybody actually in their right mind is against this
How was his last University? How well did that do? Donald sure does love the uneducated.