TMTPOST -- Massachusetts Institute of Technology (MIT) is the latest prominent college to tap into the bond market to secure funding amid growing concerns over potential federal funding cuts under the Trump administration. The Ivy League elite is now joined by Harvard, Stanford, and Princeton in issuing taxable bonds, a deal set to price on Tuesday, according to investor presentations. Taxable bonds, which are not subject to the same restrictions as tax-exempt bonds on how proceeds can be used, are often faster to sell in the market. Glen Shor, executive vice president and treasurer at MIT, emphasized the university’s commitment to its mission in a statement: “MIT manages its resources to ensure it can advance the Institute’s mission in a wide range of conditions. This bond issuance will provide us additional flexibility to achieve this goal.”