After Escaping a Big Tax, These Colleges Are Giving the Money to Students

Swarthmore College and other small schools with large endowments caught a tax break last year, courtesy of the One Big Beautiful Bill (OBBB) championed by President Donald Trump.

Now some school leaders plan to apply the expected savings to help students: Swarthmore College announced this week that those from families earning less than $200,000 with typical assets will receive financial aid that meets or exceeds the cost of tuition.

The college, located just outside Philadelphia, is among nearly 40 schools exempted from a tax on earnings from their endowments, a collection of donations and investments that can total tens of billions of dollars for the biggest, wealthiest schools.

Please select this link to read the complete article from The Washington Post.