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Jessica Blake
Inside Higher Ed
Excerpt: House Republicans on the Ways and Means Committee released the full version of a long-awaited tax bill Monday that does for higher ed exactly what they suggested it would in a draft version Friday: dramatically increase the excise tax on wealthy colleges’ endowments.
If the legislation passes, the tax rate for each institution would range from 1.4 to 21 percent, depending on the size of its endowment and the number of students it enrolls, according to the 339-page bill. As with the existing endowment tax, the increases would apply only to private institutions.
Ariel Kaminer, Sian Beilock, Jennifer L. Mnookin and Michael S. Roth
New York Times
Excerpt: It’s an eventful moment in American higher education: The Trump administration is cracking down, artificial intelligence is ramping up, varsity athletes are getting paid and a college education is losing its status as the presumptive choice of ambitious high school seniors.
To tell us what’s happening now and what might be coming around the corner, three university leaders — Sian Beilock, the president of Dartmouth; Michael Roth, the president of Wesleyan; and Jennifer Mnookin, the chancellor of the University of Wisconsin-Madison — spoke with Ariel Kaminer, an editor at Times Opinion.
Jessica Blake
Inside Higher Ed
Excerpt: The Education Department is planning to move TRIO and numerous other higher education programs to the Labor Department as part of a broader effort to dismantle the agency and “streamline its bureaucracy.”
Instead of moving whole offices, the department detailed a plan Tuesday to transfer certain programs and responsibilities to other agencies. All in all, the department signed six agreements with four agencies, relocating a wide swath of programs.
Associated Press/NPR
Excerpt: The Trump administration cannot fine the University of California or summarily cut the school system's federal funding over claims it allows antisemitism or other forms of discrimination, a federal judge ruled late Friday in a sharply worded decision.
