Why Top Universities Are Cutting Graduate School Enrollment in 2026—and What It Means for Applicants
A sweeping federal endowment tax hike, signed into law in late 2025, is reshaping the landscape of elite higher education. Targeting private universities with endowments exceeding $1 billion, the tax is forcing institutions like Yale, Harvard, and Stanford to make difficult financial decisions—including reducing student enrollment. For 2026 college and graduate school applicants, these changes […]
