Duke University and Davidson College officials are waiting to see if they get hit with a 7% tax on their endowments after a proposal in the House reconciliation bill.

Two schools in North Carolina — Duke University and Davidson College ... The school could survive, he said, but would face “serious pressure” on its financial aid budget.

Two schools in North Carolina — Duke University and Davidson College — may end up caught in the crossfire of President Donald Trump’s attempts to rein in “woke, elite” institutions.