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AAU sent a letter to Acting Assistant Secretary Trainor at the Department of Education, urging the Department to withdraw their February 14, 2025 Dear Colleague Letter (DCL) intended to “provide clarity to the public regarding existing legal requirements” for colleges and universities under the…
Higher Education Regulation | Department of Education | LettersEndowments are composed of charitable donations to support students and science -- but an unprecedented tax on these endowments, passed in 2017, is reducing these funds' ability to continue supporting student financial aid and scientific breakthroughs that benefit everyday American families.
Affordability and Student Aid | Taxation & Finance | Endowments and Charitable Giving