[curun1r]

Along with private university endowments.

The endowments of the Ivy League schools are nearing a combined $200b and schools like Stanford and MIT not far behind. These “schools” have become investment funds with a side hustle educating students to maintain their tax status and solicit alumni donations. There’s no reason why they shouldn’t be taxed, especially with many of them charging upwards of $50k/yr in tuition, much of which gets paid with grants and loans guaranteed by the government.