**Excerpt:**
For over a century, elite universities like Harvard have benefited from tax-exempt status under a 1909 law designed to support institutions serving the public good. But with its $50 billion endowment and accusations of elitism, Harvard has become a lightning rod for critics—including former President Donald Trump, who has threatened to revoke its privileged status. The debate raises urgent questions: Can a president unilaterally strip a university’s tax exemption, or does Congress hold the power? And as tuition soars and public skepticism grows, should wealthy schools be forced to justify their financial perks? The outcome could redefine not just Harvard’s future, but the entire landscape of higher education.
*What do you think? Should tax exemptions for elite universities stay or go?*
