W&L and endowment taxes
Good news about how the effort to tax university endowments for W&L.

After President Dudley's remarks in the commencement speech about the effort to tax endowments. According to the The Chronicle of Higher Education, W&L made out a lot better than a lot of other institutions (Page 2 of the chart).
Not only did W&L avoid paying higher taxes on the endowment, but it seems the university is getting more than $2 million back.
Dartmouth, Emory, and Richmond were not so lucky.
Non in cautus futuri.