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News & Media

APLU In The News: December 13, 2017

December 13, 2017
After debating and voting on amendments all day Tuesday, the House education committee advanced to the full chamber on a party-line vote a rewrite of the federal law governing higher education in the U.S. The legislation, called the PROSPER Act, would change accountability for colleges and universities, alter the student financial aid landscape, and loosen restrictions on short-term and for-profit programs.
December 13, 2017
After subtracting student fees and paying for insurance, doctoral student Tom Millay takes home about $15,000 per year from a Baylor University stipend. But soon he could be taxed as though he earns three times more. Millay, who is studying religion and works as graduate assistant at Baylor, is one of thousands of doctoral students in Texas and beyond watching nervously as Congressional Republicans iron out the details of their tax cut bill. In exchange for his teaching duties, Millay receives free tuition — a $30,000 savings — and an annual stipend of $20,000. If lawmakers approve the House version of the bill, tuition waivers like his would be marked as taxable income, causing a major financial hit for him and thousands of graduate students like him.