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Nico David-Fox and Gray Collins
The Daily Princetonian
Princeton will not have to pay any net investment income tax on returns from its $36.4 billion endowment, a University investment official said at a private event in January, after a recent expansion of its undergraduate financial aid program left the University below a 3,000 tuition-paying student threshold to qualify for taxation.
Experts had projected that the new tax on wealthy university endowments — enacted under H.R. 1, the omnibus tax and spending bill passed by congressional Republicans in July 2025 — would have cost Princeton roughly $180 million annually.
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Faith in higher education continues to plummet, and the American Association of University Professors (AAUP)—the nation’s leading organization representing faculty interests and a longstanding voice on academic freedom and university governance—has decided to train its guns on the growing movement to establish civic education centers at public universities. The AAUP’s objections amount to a single, unlovely demand: we get to decide what students learn, and nobody else gets a vote.
Six days after the report went online, the AAA fired back with a full-throated defense. “Anthropologists welcome rigorous critique of the discipline,” wrote its president, Carolyn M. Rouse. “What we cannot accept is a sweeping verdict about anthropology’s intellectual culture, scholarly practices, and professional norms built on selective evidence and issued without consultation.
Since faculty voted in may to proctor in-person exams, national news outlets and some alumni have decried the end of Princeton’s 133-year-old tradition of unsupervised testing, but students, faculty, and recent graduates say the conversation within the campus community has been mild.
Maria
May 27, 2026
Great