Worries about stock market turmoil subsided in the two days since Donald Trump unexpectedly won the presidential election, but many questions still remain about what Tuesday’s results mean for college and university finances.
Will markets turn ugly and imperil endowment returns if Trump proves unpredictable as president? Will proposed changes to the tax code help or hinder fund-raising? What effect could new economic and immigration policies have on the pool of tuition-paying students? And, critically, what will happen to federal funding for research and student financial aid?
Several experts zeroed in on that last question, pointing out that Trump promised substantial tax cuts during his campaign while also promising to protect Social Security and Medicare. With several other potentially big-ticket items proposed -- from a wall on the Mexican border to a major infrastructure-building package -- some believe federal funding for higher education could end up being cut.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2016/11/11/trump-win-leaves-cloudy-financial-outlook-colleges