What Loss of Federal Funding and Tax-Exempt Status Could Mean for Harvard

For decades, Harvard University has remained atop many prestigious rankings, alongside seven other Ivy League schools, Stanford, MIT, and the most elite, expensive, private, nonprofit institutions across the nation. If President Donald Trump succeeds in revoking its tax-exempt or federal grant eligibility status—which he’s threatened to do on multiple occasions in the past month—America’s oldest university, founded in 1636, could be on a much different list of schools ahead of its 400th birthday. It could join the University of Phoenix, Hillsdale College, the University of Austin, and Bob Jones University. Those institutions are among a few dozen post-secondary schools that, either currently or in the past, have operated without tax-exempt status or did not receive federal aid, according to their respective websites....