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New tax on university endowments may cut financial aid and freeze hires at wealthy colleges.
A rising tax on university endowments is putting financial pressure on America's wealthiest colleges, potentially leading to hiring freezes and cuts in financial aid.
Critics argue that this tax could harm students, especially those from low-income backgrounds who rely on aid.
The debate over the tax highlights concerns about the impact on higher education resources and support.
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Un nuevo impuesto a las donaciones universitarias puede recortar la ayuda financiera y congelar las contrataciones en las universidades ricas.