Republicans inserted many provisions in their House and Senate tax reform bills that have inflamed the higher education establishment, including a proposed excise tax on endowments exceeding $250,000 per student at private schools. Although only about 70 schools are affected that collectively enroll under 10 percent of the students attending four-year American universities, from some […]
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Connecticut is going through the motions of trying to tax Yale’s $25.6 billion endowment to help relieve the state’s $266 million shortfall. That effort will fail, but public opinion is starting to question the appropriateness of government-conferred tax benefits for university endowment funds. At Harvard, alumni as politically diverse as conservative Ron Unz and progressive […]
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School is back in session but not much has changed in the world of higher education. Tuition continues to become less affordable, student debt continues to rise, and students increasingly face poor career prospects. Also resuming is the barrage of policy proposals claiming to offer silver-bullet solutions to all that ails higher education. The latest […]
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