“The company will make an initial investment of $50 million in a new and ongoing education program specifically designed to cover tuition costs for hourly employees—a result of the recently enacted tax reform and representing a total allocation of more than $175 million in this fiscal year.” Continue reading.
The finalized version of the Tax Cuts and Jobs Act that President Trump signed into law poses less of a perceived threat to higher ed than the bill that passed the House.
Proponents say that people who use education-savings accounts will benefit from deductions in student loan interest.
Critics, however, predict that the doubling of the standard deduction will result in fewer philanthropic contributions to colleges and universities. —Steven Wyman-Blackburn
More than 500 colleges and universities provide some type of resource to help students address unexpected financial emergencies, according to a 2016 study by NASPA.
This fall, Hiram College becomes one of just a few universities in the country—and the only four-year college in Ohio—to launch a campuswide mobile technology program.
The ISA concept, which many describe as selling stock in yourself, is now an emerging hot topic within the higher ed financing debate.