Rich Colleges’ Endowments Targeted by Trump Backer in House
Merchandise is displayed for sale at a bookstore near Harvard University in Cambridge, Massachusetts, U.S. (Photographer: Victor J. Blue/Bloomberg)

Rich Colleges’ Endowments Targeted by Trump Backer in House

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(Bloomberg) -- Wealthy U.S. colleges must spend more of their endowment gains on aid for middle-class families or lose their prized tax-exempt status, a Republican U.S. House member and a vice chai...
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