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A bill proposed by Rep. Greg Murphy (R-NC) on Wednesday would tax university endowments at a 100% rate for investments into Chinese entities deemed a threat to national security.
Published: Tuesday, August 2nd, 2022 @ 3:08 pm By: Daily Wire
A bill proposed by Rep. Greg Murphy (R-NC) on Wednesday would tax university endowments at a 100% rate for investments into Chinese entities deemed a threat to national security.
 
In North Carolina, the largest college endowments saw their market value increase between 8 percent and 20 percent from 2017 to 2018.
In North Carolina, the largest college endowments saw their market value increase between 8 percent and 20 percent from 2017 to 2018.
 
Collectively, the endowments of 15 Massachusetts colleges in 2017 were $70 billion, greater than the GDP of Lithuania.
Collectively, the endowments of 15 Massachusetts colleges in 2017 were $70 billion, greater than the GDP of Lithuania.
 
Recently some influential members of Congress complained about the supposed unfairness of colleges and universities who raised tuition at an excessive rate, despite their gigantic endowments
Recently some influential members of Congress complained about the supposed unfairness of colleges and universities who raised tuition at an excessive rate, despite their gigantic endowments
 
The gigantic endowments of a few universities inevitably attract attention
The gigantic endowments of a few universities inevitably attract attention
 
A few weeks ago, I wrote about why I thought President Obama's Community College Proposal was a bad idea. His plan to provide up to two years of free tuition to community college students who maintained a 2.5 G.P.A would cost $6 billion a year, is ill conceived, and based on fallacious assumptions.
A few weeks ago, I wrote about why I thought President Obama's Community College Proposal was a bad idea. His plan to provide up to two years of free tuition to community college students who maintained a 2.5 G.P.A would cost $6 billion a year, is ill conceived, and based on fallacious assumptions.
 

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