Investor Bill Miller's $75 million gift to the Johns Hopkins philosophy department clashes with conventional wisdom regarding the value studying the humanities today.
Colleges and universities boast US$547 billion in endowment assets, yet only a handful of elite schools would be taxed under the proposal.
Trump's budget would eliminate the National Endowment for the Humanities, breaking a tradition of funding humanities scholarship that goes back to the nation's founding.
State support for public research universities declined by 28 percent between 2003 and 2013. So, why does it matter?
A bill before Congress is proposing colleges and universities with endowments of at least $1 billion spend 25 percent of the money on financial aid. What is the proposal missing?