Bryn Mawr, Haverford and Swarthmore no longer have to pay tax on their endowments, as detailed in the bill passed into law by Trump on July 4.

Known as the One Big Beautiful Bill, Trump’s reconciliation bill was passed by the House on May 22. It detailed steep changes to Medicaid, requiring enrollees under 65 to prove that they work, volunteer or go to school for 80 hours a month in order to receive insurance coverage. The bill also contained an estimated $186 billion in cuts to food benefits such as SNAP over the next 10 years, and further tax cuts from his 2017 bill.

The original bill that passed the House also initially proposed significant tax increases on the endowments of private colleges around the nation.

Read the full article at The Bi-College News: https://bicollegenews.com/2025/09/24/tri-co-colleges-are-exempt-from-endowment-tax-under-trumps-bill-heres-why/