Interested in your thoughts on the tax change for ticket donations

[bostondawg]

The place where the house bill will harm the University the most is what it will do to Graduate/Doctoral students. It makes it so that the tuition waivers that the students receive in exchange for doing graduate research and teaching classes counts as taxable income. This means that while they might be getting paid (ballpark numbers) $20k/yr plus free tuition, they will now be getting taxed like they're earning $40k/yr while still only receiving $20k in income. This will crush the graduate programs of higher tuition private schools and will ruin the chance of going to grad school without taking on six figures in debt for lower income students.

https://www.nytimes.com/2017/11/16/o...-students.html
https://www.cnbc.com/2017/11/16/hous...0-percent.html
https://www.npr.org/2017/11/14/56387...ssive-tax-hike

Seriously guys, it's a University killer.

Not to hijack this thread, but I'm terrified by this. I'm a grad student at a school where tuition is 45k a year.

[Political Hack]

Not to hijack this thread, but I'm terrified by this. I'm a grad student at a school where tuition is 45k a year.

You'd better hurry up. We don't like education in these United States of America.

[bostondawg]

You'd better hurry up. We don't like education in these United States of America.

Haha I'm trying. Two more years *fingers crossed* for the PhD. Maybe they'll delay putting the tax bill into effect and I'll not have to go bankrupt.