Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure. Investopedia / Julie Bang The endowment effect refers ...

President Donald Trump is working with Congress to raise taxes on university endowments, a move many college administrators — including Duke’s — say would put further pressure on financial aid ...

Penn is expected to face a 4% federal excise tax on its endowment income starting July 1, 2026 — a move that University officials have warned could significantly hinder its ability to support student ...