Republican Proposal Would Make College Scholarships Taxable Income
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Republican Proposal Would Make College Scholarships Taxable Income
https://www.forbes.com/sites/edwardconroy/2025/01/24/republican-proposal-would--make-college-scholarships-taxable-income/
Updated Jan 25, 2025, 02:13pm EST
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In a leaked document, obtained by Politico, of programs and existing tax breaks Republicans are considering changing to help pay for continuing the 2017 tax cuts, making all scholarships and fellowships taxable income stands out as a proposal that would immediately make college more expensive for the millions of students who receive grants and scholarships to help pay their tuition and fees.
If enacted, the change would make it more expensive to become a teacher, nurse, doctor, social worker or any of the other essential jobs where a college education is required. Tuition is expensive and students are constantly told that one way they can help make it less expensive is to get good grades so they can win a scholarship..................
Lovie777
(15,944 posts)got to have more tax cuts for the wealthy.
sinkingfeeling
(53,642 posts)IrishBubbaLiberal
(140 posts)Voltaire2
(15,077 posts)Irish_Dem
(62,147 posts)riversedge
(73,990 posts)Irish_Dem
(62,147 posts)Are not able to hand over cash to trump.
dickthegrouch
(3,774 posts)Did any of them have to get loans, sponsorships, grants or scholarships?
Or were they all so rich that school fees and housing were given to them (a form of scholarship, but funded by their parents)?
Can any of them see beyond their own noses?
Igel
(36,485 posts)I saw a few things about Hegseth so checked out Wiki.
Father was a high-school basketball coach--a high-roller, for sure, pulling in that high 6-figure income. His Mother? No job mentioned.
Public school class valedictorian. BA/apparently poli sci, Princeton. Masters/public policy from Kennedy School/Harvard University.
Wiki didn't mention scholarships, but that's a granularity I wouldn't expect of Wiki barring some reason for somebody's insisting that it be included.
Silent Type
(7,880 posts)Skittles
(161,204 posts)yes indeed
DFW
(57,067 posts)Republicans dont like smart, educated people taking a close look at what theyre doing. Too often for their liking, that leads to them being either voted out of office or under indictment.
FakeNoose
(36,394 posts)What to they care about piling even-more financial burden on the middle-class families?