Republican attempts to tax the endowments of elite universities targeted Yale, Princeton, and MIT, but missed Harvard due to calculations based on endowment size and student numbers. Only three institutions face the highest rate, with MIT and Yale able to mitigate impacts by increasing their student bodies or launching online programs. Princeton's massive endowment makes it largely immune to the specific tax. The bill reveals how overly simplistic policies can narrowly miss their targets and underscores the need for more nuanced approaches to higher education funding and regulation.