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Wall Street Journal

Which Colleges Will Have to Pay Taxes on Their Endowment? Your Guess Might Not Be Right

Which Colleges Will Have to Pay Taxes on Their Endowment? Your Gues...

January 18, 2018

The Juilliard School, New York’s magnet for aspiring artists, is bracing for a 1.4% tax on income from its $1 billion endowment. Three miles away, Columbia University and its $10 billion endowment will remain untouched for now.  A college-endowment tax, enacted in December in the Tax Cuts and Jobs Act signed by President Donald Trump,  is causing confusion and frustration at schools across the country, which rely on the previously tax free-earnings when setting their budgets. Small liberal arts colleges will likely be hit disproportionately because many have sizable endowments but limited enrollment. The tax applies only to private schools with at least 500 students and at least $500,000 of investments per student.
The Juilliard School, New York’s magnet for aspiring artists, is bracing for a 1.4% tax on income from its $1 billion endowment. Three miles away, Columbia University and its $10 billion endowment will remain untouched for now.  A college-endowment tax, enacted in December in the Tax Cuts and Jobs Act signed by President Donald Trump,  is causing confusion and frustration at schools across the country, which rely on the previously tax free-earnings when setting their budgets. Small liberal arts colleges will likely be hit disproportionately because many have sizable endowments but limited enrollment. The tax applies only to private schools with at least 500 students and at least $500,000 of investments per student.

January 18, 2018

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Politico

Senators to Hear Ways to Simplify Student Aid

Senators to Hear Ways to Simplify Student Aid

January 18, 2018

The Senate education committee is getting back to work on rewriting the federal law governing higher education with a hearing this morning on ways to simplify student aid. Senators will hear from a panel of experts about "proposals to simplify the federal financial aid system to make it easier and more transparent for students," per the hearing announcement. The Senate has yet to lay out its proposal to reauthorize the Higher Education Act, and this morning's hearing could offer some clues as to what senators may end up pushing.
The Senate education committee is getting back to work on rewriting the federal law governing higher education with a hearing this morning on ways to simplify student aid. Senators will hear from a panel of experts about "proposals to simplify the federal financial aid system to make it easier and more transparent for students," per the hearing announcement. The Senate has yet to lay out its proposal to reauthorize the Higher Education Act, and this morning's hearing could offer some clues as to what senators may end up pushing.

January 18, 2018

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The Atlantic

How Colleges Foretold the #MeToo Movement

How Colleges Foretold the #MeToo Movement

January 18, 2018

Since the fall, the staggering cascade of sexual-misconduct allegations waged against powerful men—from Hollywood moguls to prominent politicians—has mostly centered on the workplace. But as the nation fixated on the downfalls of Harvey Weinstein, John Conyers, and countless others, what has come to be known as the #MeToo movement has been reverberating on college campuses across the country, too.
Since the fall, the staggering cascade of sexual-misconduct allegations waged against powerful men—from Hollywood moguls to prominent politicians—has mostly centered on the workplace. But as the nation fixated on the downfalls of Harvey Weinstein, John Conyers, and countless others, what has come to be known as the #MeToo movement has been reverberating on college campuses across the country, too.

January 18, 2018

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Inside Higher Ed

Possible Rules for Athletes With History of Sexual Violence

Possible Rules for Athletes With History of Sexual Violence

January 18, 2018

As the country continues to be roiled by continued revelations of sexual assaults perpetrated (mostly) by powerful men, the National Collegiate Athletic Association will take initial steps toward considering a blanket rule on athletes with a history of such acts.  While individual colleges and an NCAA conference have created policies barring athletes who have been tied to sexual violence, so far the association has resisted adopting a broader decree.
As the country continues to be roiled by continued revelations of sexual assaults perpetrated (mostly) by powerful men, the National Collegiate Athletic Association will take initial steps toward considering a blanket rule on athletes with a history of such acts.  While individual colleges and an NCAA conference have created policies barring athletes who have been tied to sexual violence, so far the association has resisted adopting a broader decree.

January 18, 2018

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MarketWatch

Hit to Leading Universities from New Tax May Be in Tens of Millions of Dollars

Hit to Leading Universities from New Tax May Be in Tens of Millions...

January 17, 2018

Some universities may have tens of millions of dollars fewer to spend on students due to a new tax on the returns of endowments.
Some universities may have tens of millions of dollars fewer to spend on students due to a new tax on the returns of endowments.

January 17, 2018

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