(08-05-2025, 05:19 PM)M T Wrote:(08-05-2025, 01:13 PM)chrisk Wrote: https://www.sfchronicle.com/bayarea/arti...803037.php
Hmm... Athletics was not mentioned as one of the areas getting hit. (That doesn't mean it wasn't hit, just that it wasn't mentioned.)
The article says "increased Stanford’s endowment tax from 1.4% to 8%"
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[url=https://stanforddaily.com/2025/06/05/stanford-to-face-21-endowment-tax-under-trump-bill/]Stanford Daily indicates "As of August 2024, Stanford’s endowment totaled $37.6 billion, with an annual payout of about $1.8 billion." Stanford indicates 7554 undergrads + 9915 grads (Fall 2024) = 17,469 students. Adding 8% more students (ie 1,331) would get to 18,800 students and Stanford would be in the 4% bracket, saving $1.8 billion * 4% = $72 million (about $54,000 per added student).
Granted, I don't know where they would put them on the main campus, it would seem Stanford could swallow up some small school and campus.
Another way to increase the student population is for students to (opt to) stay an extra year.
well the plan for the incoming frosh class is to be +150 from previous undergrad classes which over 4 years would be 600 students
https://news.stanford.edu/stories/2025/0...uate-class
and they did look at buying Notre Dame in Belmont but backed out
https://belmont.stanford.edu/
I would guess they will do some serious accounting looking at the valuation of endowment investments to get to the 4% tax rate
Eric
"the older we get the better we were"