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IVORY TAX HAVENS.
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- Author(s): SIROTA, DAVID; KEEFE, JOSH
- Source:
Newsweek Global. 5/19/2017, Vol. 168 Issue 18, p16-21. 6p. 3 Color Photographs.
- Additional Information
- Subject Terms:
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- Abstract:
The article discusses how the richest U.S. colleges are getting richer. According to a study by Stanford University scholar Charlie Eaton, private colleges with substantial endowment wealth have increasingly become ivory tower tax havens and the metaphor encapsulates how exponential endowment growth at these colleges has been supported by large tax expenditures that disproportionately benefit a small elite.
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