"Re 'Winners and Losers in G.O.P. Tax Overhaul' (news article, Nov. 3): Taxing higher education to pay for other reductions in the House Republicans’ draft tax reform bill, with the potential to negatively affect benefits like student and family education credits and deductions as well as college endowments, is bad public policy," Catherine Bond Hill, president emerita of Vassar College and managing director of Ithaka S+R, writes in a letter to the editor of The New York Times.
"Higher education attainment is more important than ever, to our economy and to individuals. The colleges and universities affected would end up with fewer resources to spend on the need-based financial aid that helps low- and middle-income Americans go to and finish college.
Many of the institutions targeted already spend significant amounts on need-based aid, and have committed to do even more through programs like the American Talent Initiative."
NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 11/13/2017