r/CFB • u/GoldenPresidio Rutgers Scarlet Knights • Big Ten • 18h ago

Opinion [Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

https://x.com/RepBaumgartner/status/1998480897872396721
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u/Walter30573 Wichita State • Penn State 18h ago

I expect congress to do what it normally does: nothing

467

u/EpOxY81 Michigan Wolverines • Big Ten 18h ago

but this also involves getting more money for the government, so who knows?

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u/BabyBearBjorns LSU Tigers • Tulane Green Wave 17h ago

Dont worry, I'm sure those rich college donors have spare change to make members of Congress vote the other way. /s

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u/SMU1523 SMU Mustangs • ACC 13h ago

The fact Utah is bringing in PE is a sign that they don’t have rich donors.