The One Big Beautiful Bill Act introduces a significant overhaul of how large private university endowments are taxed in the United States. Currently, qualifying colleges and universities with sizeable endowments pay a flat 1.4% excise tax on their investment income. The OBBBA would replace this one-size-fits-all rate with a new tiered structure designed to increase…
Why Workforce Pell Grants Are a Win for America’s Soul and Economy
Today we’re popping the hood on a provision in the OBBBA that introduces “Workforce Pell Grants” specifically aimed at students heading to trade schools, while also tightening eligibility requirements for traditional Pell Grants. Now, this isn’t just another reshuffling of paperwork or an academic reshuffle cooked up by folks who’ve never touched a shovel or…