Date: January 18th, 2018 10:57 AM
Author: Rebellious messiness
The tax includes no brackets, making it an all-or-nothing proposition for schools on the cusp. That could push colleges like Hamilton, with about 1,865 students, to consider increasing enrollment to stay under that $500,000 threshold.
“The most logical thing is to look at enrollment,” said Karen Leach, Hamilton’s vice president for administration and finance. “But there’s other things to consider. I don’t have any housing to put them in.”
Meanwhile, schools that meet the $500,000-per-student endowment threshold but have fewer than 500 students will be penalized if they add too many students.
Principia College, a liberal arts college in Elsah, Ill., has about 440 students this year, and President Jonathan Palmer said hitting 500 students would trigger a tax of between $500,000 and $600,000.
“We feel that we have room for more students,” Mr. Palmer said. “As we get closer to that 500 number, it’s a challenge to say, ‘Is that student worth $600,000?’ ”
https://www.wsj.com/articles/which-colleges-will-have-to-pay-taxes-on-their-endowment-your-guess-might-not-be-right-1516271400?mod=e2twg
$500,001/student = YOUR FUCKED
$499,999/student = your good
(http://www.autoadmit.com/thread.php?thread_id=3863605&forum_id=2#35182645)