We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.

Back to home

MIT is worth fighting for

Source

MIT Technology Review

Published

TL;DR

AI Generated

MIT 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.