#Latest news with #EndowmentTaxBloomberg22-05-2025BusinessBloombergMIT Cuts Grad Student Slots by 8% as Trump Cuts Weigh on BudgetThe Massachusetts Institute of Technology is enrolling fewer graduate students in its vaunted research programs and laying off employees as the Trump administration's squeeze on universities muddles its financial outlook. President Donald Trump has slashed funding and reimbursements made through the National Institutes of Health and other federal agencies, key sources of support for research-oriented universities like MIT. The school also faces significantly steeper taxes on its endowment under legislation that passed the US House of Representatives.
Bloomberg22-05-2025BusinessBloombergMIT Cuts Grad Student Slots by 8% as Trump Cuts Weigh on BudgetThe Massachusetts Institute of Technology is enrolling fewer graduate students in its vaunted research programs and laying off employees as the Trump administration's squeeze on universities muddles its financial outlook. President Donald Trump has slashed funding and reimbursements made through the National Institutes of Health and other federal agencies, key sources of support for research-oriented universities like MIT. The school also faces significantly steeper taxes on its endowment under legislation that passed the US House of Representatives.
22-05-2025
