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​Leebron signs letter to Congress asking for reconsideration of endowment tax

(03/20/18 10:38pm)

President David Leebron signed a letter to Congress with 48 other university presidents urging reconsideration of a new national tax on university endowments. The tax would cost Rice University roughly $6 million per year, depending on yearly endowment income, the equivalent of 130 full tuition scholarships.