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Meanwhile, the University’s endowment is under siege from a different direction: Due to a provision in the Trump administration’s 2017 tax bill, Stanford is facing a $43 million tax on its investment returns. The University says that the hefty sum, which follows a slow growth year for the endowment’s $27.7 billion Merged Pool, could hamper financial aid. A spokesperson told The Daily that Stanford is “actively working on efforts to repeal or limit the tax.”
Women’s swimming and diving captured its 37th straight dual meet win with a rout of No. 2 Cal on Senior Day, one of the few high points in a rough week for Cardinal athletics as a whole.
Coming up this week, men’s basketball heads north to play the Washington schools, while squash travels to the CSA National Championships, and women’s water polo returns to action for the Kalbus Invitational in Irvine.
Finally, here’s what to put on your calendar this week:
Legal Momentum, the nation’s first legal defense and education fund for women, is holding a panel on the state of the #MeToo movement at Stanford Law School on Monday.
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