Economist Phillip Levine never heard of a college adopting a wait-and-see budgeting approach like Swarthmore’s. “It’s a creative solution… idiosyncratic of the times that we are currently living in.”
2025.05.20 Levine 21% endowment tax The New York Times
The proposal threatens to cost Harvard about $850 million a year, Yale $690 million year, and Princeton $586 million a year, according to estimates by economics professor Phillip Levine.
Around the world, people are retiring later. How do you decide when it’s time? And what comes next? We talked to Wellesley experts to find out what they are thinking.