The tax plan introduced by Republicans in the U.S. Congress last week would have drastic effects on graduate education in the United States, according to reports at The Chronicle of Higher Education and Inside Higher Ed.
The American Philosophical Association (APA) today joined with 34 other academic organizations to issue a public statement opposing the provision in the tax reform bill recently passed by the U.S. House of Representatives that would result in graduate school tuition waivers counting as taxable income. They currently do not. (more…)
Members of the United States Senate and House of Representatives have been meeting this week to reconcile their different tax reform bills, and various news outlets are reporting that the proposal in the House version to remove tuition waivers from their current tax-exempt status will not make it into the final bill. (more…)