The “Big Beautiful Bill” slaps Harvard with 8% tax on endowment
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Date: July 5th, 2025 11:59 PM Author: nighttime roommate
“ The endowment tax is just one of several provisions in the nearly 940-page bill with implications for Harvard. The legislation eliminates the federal Grad PLUS loan program and caps Parent PLUS loans at $65,000 per student — changes that could reduce access to graduate education and limit borrowing options for low-income families. It also consolidates student loan repayment plans and eliminates key borrower protections, including deferment for economic hardship and unemployment.
The bill also ties access to federal student aid to graduates’ earnings. Under the new accountability framework, programs whose graduates earn less than the median income of a high school graduate risk losing federal loan eligibility.
Those provisions are scheduled to take effect beginning July 1, 2026.”
https://www.thecrimson.com/article/2025/7/5/big-beautiful-bill-endowment-tax/
(http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2).#49075435) |
Date: July 6th, 2025 12:56 AM Author: fluffy hateful prole
a few other schools too
180 attack on the higher Ed scam
(http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2).#49075545) |
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