MIT is worth fighting for
Source
MIT Technology Review
Published
TL;DR
AI GeneratedMIT is facing a significant tax increase on its endowment returns and other investments, impacting resources for research, innovation, and student aid. The tax hike could cost MIT around 10% of its annual central budget. Further threats loom with potential cuts to federal research budgets, exacerbating challenges with reimbursements for research expenses. MIT is urging support to safeguard its future through various online resources and actions. The Institute's community is rallying to protect its legacy and ensure continued excellence.