“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
Public universities are evolving their technology transfer activities but must take additional steps to address the demands of the innovation economy.
Seth Bodnar, 38, left General Electric Transportation to become the 18th president of the University of Montana.
Thinking beyond painfully slashing big line items, higher ed leaders can realize significant savings in finding smaller cuts that, all together, add up to make a huge impact.