Wow. Sadly, the Ivy League Schools started all this woke nonsense, and they have the money to keep going without government funding.
Ivy league schools are getting approximately 16% annual return from their endowments and they can't spend all of that because they have to reinvest some to keep pace with inflation. But the value of what they get from the federal government in grants and tax breaks each year is approximately 24% of the value of their endowments.
Between 1985 and 2008, Harvard University's endowment generated 15.23% returns, while Yale pulled in 16.62%.
Endowments strive to meet two chief objectives. First and foremost, they attempt to generate high enough real returns to cover their yearly withdrawals, without dipping into their principals. Secondly, colleges aim to preserve the real value of their principals, which actually entails augmenting principal amounts, in an effort to combat inflation. In fact, endowments heavily rely on their own inflation measurement metric known as the Higher Education Price Index (HEPI), which factors the prices of goods and services specific to higher education expenses. It is generally believed that the HEPI exceeds the consumer price index for all urban consumers, by 1%.
The Ivy League’s total endowment is around $120 billion,
Because Ivy League schools are nonprofit institutions, they don’t pay taxes on any investment gains their endowments might make — which saves them a lot of money. Between the 2011 and 2015 fiscal years, the Ivies received a $9.6 billion tax break on the $27.3 billion growth of their collective endowments.
Between 2010 and 2015, the eight schools received $23.89 billion in federal grants
Endowment annual return on investment = 16% (Harvard, Yale, 1985 - 2008, average over 23years).
Federal Tax Break = $9.6 billion (2011-2015, 5 years)
Federal Grants = $23.89 billion (2010-2015 6 years * 5/6 = 19.9 billion)
Total endownment $120 billion (2017)
(9.6+(19.9))/120 = 24%
The ivy league is getting about 16% return from their endowments but the amount they get from the federal government is grants and tax subsidies amounts to about 24% of their endowments.