Connecticut Democrats Warn Yale Risks Tax Status if it Makes DOJ Deal Yale University's potential deal with the Department of Justice has sent shockwaves through the academic community.
Connecticut Democrats are warning that a settlement could jeopardize the university's tax exempt status, which would have far reaching implications for one of America's most prestigious institutions.
What's at Stake: Yale's Tax Status in Jeopardy? A loss of tax exempt status would mean Yale must pay federal and state income taxes on its $30 billion endowments.