Republicans in Congress released their proposed overhaul of the nation’s tax laws on Thursday, including several measures that would place new tax burdens on colleges and students — and, critics said, could undermine charitable giving to higher education.
The bill was met with immediate opposition from a number of higher-education groups, which argued that the measure would rob institutions of vital dollars and increase the price of college for debt-laden students and already-strapped families.
Read more at The Chronicle of Higher Education: http://www.chronicle.com/article/Republican-Tax-Proposal-Gets/241662