Wealthy, Elite Universities Like Harvard Taxed You $45 Billion In Last Five Years

 Incredibly, it's a $45 billion largess during the most recent five-year period.

Since 2018, $33 billion of federal contracts and grants flowed to these ten colleges - averaging $6.6 billion annually.

Endowments totaled $237 billion in 2022, up almost $65 billion from $172 billion in 2018.

Most of the funds - roughly $29 billion versus $4 billion - were provided by the feds via grants, not contracts.

In the last three years of the Trump administration the wealthy colleges received between $6.4 billion and $6.7 billion per year.

In the first two years of the Biden administration, the colleges received between $6.7 billion and $6.9 billion.

THE CRITICS: As the universities become more radical, top Republicans are calling for policies to prevent even more taxpayer dollars from flowing into elite universities.

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