Trump’s Bold Bill Cuts University Endowment Abuse
Submitted by MAGA
Posted 4 hours ago
**Accountability at Last: Trump’s “Big, Beautiful Bill” Takes Aim at University Endowments**
In a decisive move towards accountability, President Donald Trump’s recently passed “Big, Beautiful Bill” marks a significant turning point in America's higher education policy.
The U.S. House of Representatives has sent a clear message to elite universities: the time for indulgent and unchecked spending is over.
The legislation specifically targets large private university endowments, most of which operate more like corporate entities than institutions dedicated to public education.
For far too long, these universities have engaged in acts that undermine the very fabric of American society, often making conservative students feel unwelcome while inflating tuition rates beyond reason.
As the U.S. House Ways and Means Committee aptly pointed out, this bill holds these "woke, elite universities" accountable, ensuring that they cannot continue to exploit the generous tax benefits provided by the American public.
Many hardworking Americans, who may never have the privilege of graduating from college, have been burdened with subsidizing the education of wealthier students through tax codes that favor educational institutions.
Reports have revealed that only 37.7% of Americans hold a bachelor’s degree or higher, making it increasingly unfair for working-class individuals to foot the expensive bills of an education system that routinely mismanages funds.
The Biden administration’s refusal to address the growing student debt crisis has left millions of Americans struggling.
Rather than pushing for taxpayer-funded bailouts that unfairly penalize those who did not attend college, this legislation seeks to hold wealthy universities accountable for their exorbitant fees and questionable business practices.
Should this bill make its way through the Senate and onto Trump’s desk for final approval, it will impose a corporate tax rate of 21% on university endowments surpassing $2 million per student.
These measures are not just economically prudent; they also reinforce an educational system that has often failed to promote the values that make our nation great.
Acclaimed universities like Harvard—boasting an endowment greater than the GDP of many nations—are seemingly more focused on political correctness and ideological indoctrination than cultivating diverse thought.
Recent revelations of discriminatory hiring practices at Harvard reveal a troubling trend where conservative voices are systematically marginalized.
Simultaneously, universities have perpetuated a sense of elitism that alienates potential students and hinders academic freedom—a crucial component of healthy educational discourse.
Despite the overwhelming wealth that institutions such as Harvard possess, they continue to solicit donations under the false pretense of financial hardship, underscoring their mismanagement of resources.
As Congress and the White House move forward with these transformative policies, it is imperative to remember that it is not just about financial reform.
This legislation represents a broader movement to reclaim the integrity of education in America, pushing back against the Marxist ideologies that have infiltrated our universities.
It’s time for accountability in education and a return to the foundational principles that have propelled our nation forward.
Under the leadership of President Trump, this bold step forward reflects a commitment to restoring value in American education and ensuring that it serves the interests of all, not just a privileged few.
Sources:
dailysignal.com
americanthinker.com
basedunderground.com
In a decisive move towards accountability, President Donald Trump’s recently passed “Big, Beautiful Bill” marks a significant turning point in America's higher education policy.
The U.S. House of Representatives has sent a clear message to elite universities: the time for indulgent and unchecked spending is over.
The legislation specifically targets large private university endowments, most of which operate more like corporate entities than institutions dedicated to public education.
For far too long, these universities have engaged in acts that undermine the very fabric of American society, often making conservative students feel unwelcome while inflating tuition rates beyond reason.
As the U.S. House Ways and Means Committee aptly pointed out, this bill holds these "woke, elite universities" accountable, ensuring that they cannot continue to exploit the generous tax benefits provided by the American public.
Many hardworking Americans, who may never have the privilege of graduating from college, have been burdened with subsidizing the education of wealthier students through tax codes that favor educational institutions.
Reports have revealed that only 37.7% of Americans hold a bachelor’s degree or higher, making it increasingly unfair for working-class individuals to foot the expensive bills of an education system that routinely mismanages funds.
The Biden administration’s refusal to address the growing student debt crisis has left millions of Americans struggling.
Rather than pushing for taxpayer-funded bailouts that unfairly penalize those who did not attend college, this legislation seeks to hold wealthy universities accountable for their exorbitant fees and questionable business practices.
Should this bill make its way through the Senate and onto Trump’s desk for final approval, it will impose a corporate tax rate of 21% on university endowments surpassing $2 million per student.
These measures are not just economically prudent; they also reinforce an educational system that has often failed to promote the values that make our nation great.
Acclaimed universities like Harvard—boasting an endowment greater than the GDP of many nations—are seemingly more focused on political correctness and ideological indoctrination than cultivating diverse thought.
Recent revelations of discriminatory hiring practices at Harvard reveal a troubling trend where conservative voices are systematically marginalized.
Simultaneously, universities have perpetuated a sense of elitism that alienates potential students and hinders academic freedom—a crucial component of healthy educational discourse.
Despite the overwhelming wealth that institutions such as Harvard possess, they continue to solicit donations under the false pretense of financial hardship, underscoring their mismanagement of resources.
As Congress and the White House move forward with these transformative policies, it is imperative to remember that it is not just about financial reform.
This legislation represents a broader movement to reclaim the integrity of education in America, pushing back against the Marxist ideologies that have infiltrated our universities.
It’s time for accountability in education and a return to the foundational principles that have propelled our nation forward.
Under the leadership of President Trump, this bold step forward reflects a commitment to restoring value in American education and ensuring that it serves the interests of all, not just a privileged few.
Sources:
dailysignal.com
americanthinker.com
basedunderground.com
Latest News