I don’t think the federal government could tax public (state) universities even if they want to.
Wow taking on “Big Education” a Democrat funding mechanism.
This has zero chance of making it thru the Senate.
I long for the when commie indoctrination centers such as Columbia, Cal-Berkeley, UT-Austin, UM-Ann Arbor, Harvard, Yale are taken over by Conservative Christian educational institutions such as Hillsdale College, Liberty University, Bob Jones University or, making it personal, Harding University.
Why should only 2 colleges be exempt?
I suffered through college for a while, and had to pay for the privilege. Mostly with borrowed money, so years later as I have to continue to pay it back, I get forced to pay taxes on the money I earn to pay off the student loans.
Why shouldn’t endowments have to pay too?
Yeah, I'd love to tax the Ivy Leaguers who created this mess.
But this tax would also hit private colleges like Hillsdale who did not.
Yes, it could be improved with a per student exemption along the lines you suggest. But it ought to apply equally to public universities.
Wonder how it would affect the University of Pittsburgh? A university that is private but “state related” (whatever THAT means!) One rumored to have an endowment larger than many Ivy League schools.
Taxing schools is like taking corporations - they will simply pass the tax to their customers by raising tuition a bit more.