Six Key Provisions of the Tax Bill Affecting Higher Education

Marcus Newton
December 1, 2017

Five USC graduate students have organized a national walkout on Wednesday to protest provisions that would affect higher education in the Republican-sponsored tax reform bill. She said since the GOP bill treats tuition waivers as taxable income, she'd have to pay about $1,500 in taxes each year.

The Chronicle of Higher Education reports that some graduate students could see their taxes triple under the House bill.

"Chair Sharkey and Regent Kroll's visit is especially timely since the full Senate is expected to begin debating their tax bill tomorrow", said Vice President for Government Relations Tanya Kelly-Bowry.

Just feet away from the Offices of the President and Provost, about 50 graduate students sat in the lobby of College Hall on November 29 to protest the GOP tax bill.

"It would mean I would either have to get a job, several other jobs, or drop out of grad school", Jess Issacharoff said.

But GET-UP member and English Ph.D. student Nick Millman, who helped organize the event, said the administrators' statement was not enough and that GET-UP is calling on Gutmann to release a statement with concrete steps on how to protect students from their loss in income due to the tax plan.

Republicans in the House have defended the tax plans' move to trim education tax benefits as a way to "help more families offset the cost of both college and vocational training programs", according to a summary of the plan created by House Republicans.

Peshawar University students continue with their protest for the third consecutive day.

Khoddam and her fellow organizers, Nina Jhaveri, Marie Gillespie, Hannah Rasmussen and Miriam Rubenson, are all clinical psychology students pursuing a doctorate degree. Research carried out at universities, as well as research that graduate students do after they graduate, has transformed every aspect of the world around us. He says it could "have the unintended outcome of driving graduate students out of the United States and toward colleges and universities in Canada, Europe, and around the rest of the world". Speakers called on Congressional representatives from Minnesota to defend and support graduate students by opposing the tax bill.

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"Susquehanna and many other universities expend a significant amount of our budgets to provide the financial aid needed to make a transformative education available to deserving students whose families would otherwise not be able to afford this life-changing opportunity".

"It's been a lot of considerations in the last two weeks that I did not think I'd be having", he said. It also includes a provision that would repeal current tax exemptions on graduate students' tuition waivers.

The plan would tax the value of students' free tuition - meaning students like Brower would have to pay taxes as if he made $40,000 a year. By our calculations, for the public university student, the maximum increases in TTO were $1,826 for a single filer with one child, $3,373 for a married couple, and $2,168 for a married couple with one child.

We appreciate the desire to simplify and strengthen the nation's tax code, and we also recognize that our legislators have many competing interests to balance.

At the Washington University School of Medicine in St. Louis, Dr. Jeffrey Gordon and graduate student Vanessa Ridaura examine samples of gut bacteria taken from fat or lean people in 2013.

The House of Representatives passed the Tax Cuts and Jobs Act with support from Rep. Liz Cheney, R-WY.

"The university as a whole, I don't think has come out and said 'this is not a good thing.' The fact there's not that much support as of yet for graduate students in this tax situation is really disconcerting for me", Wiebe said. To this end, I want to assure IU faculty, graduate students, staff, and other members of the IU community that our government relations team is working tirelessly here in IN and in Washington to help our representatives understand the implications of this legislation.

Overall, we conclude that the inclusion of tax waivers in eventual tax reform legislation is key for graduate students, lest their tax burden increase drastically. It also cited a Ways and Means Committee summary indicating that the bill would cost college students some $65 billion over the next decade.

Other reports by MaliBehiribAe

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