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Senate Releases Tax Bill. The Republican-led U.S. Senate released a tax bill that would impose a new 1.4% excise tax on the earnings of endowments at private universities. The new tax, which is also in the House bill, would apply only to private, not public, universities that have at least 500 students and endowment assets of at least $250,000 per student. The Senate bill would kee...
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House Tax Plan Would Hit Higher Education. Republican leadership in the U.S. House released its draft "Tax Cuts and Jobs Act", which would have major implications for the higher education community. A new tax would make private colleges subject to a 1.4% excise tax on the net investment income of their endowments. The provision would apply only to private institutions with at least...
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Hearing on Free Speech on Campus. The Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on free speech on college campuses. The only legislation proposed to address the issue is a House resolution (H Res 307) to ban campuses from designating specific areas where students can protest or pass out flyers. In September, Attorney General Jeff Sessions said tha...
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College Presidents Ask for Solution to Dreamers' Status. Presidents from almost 800 colleges and universities sent a letter to leaders of Congress, calling on them to "pass a long-term legislative fix as soon as possible to protect Dreamers." In the letter, presidents argue that "Colleges and universities have seen these remarkable people up close, in our classrooms and as our coll...
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Ed Secy Outlines Priorities. U.S. Education Secretary Betsy DeVos outlined her vision and policy priorities for education in the U.S. In a document published in the Federal Register, the Department of Education details 11 proposed priorities for use in competitive grant programs that "reflect the Secretary's vision for American education." The department said that its 11 initiative...
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Executive Order Extends Presidential Commissions on Education. President Trump signed an executive order extending three presidential advisory commissions on education until Sept. 30, 2019. All three had been set to expire over the weekend. Trump's order extends the President's Advisory Commission on Asian Americans and Pacific Islanders, the President's Advisory Commission on Educ...
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Perkins Loan Program Expires. The federal Perkins Loan program expired with the end of the fiscal year on Saturday night. More than 200 House lawmakers asked leadership for a vote on the legislation (H.R. 2482) to reauthorize the Perkins Loan program for an additional two years. A bill was also introduced in the Senate (S. 1808) sponsored by Senators Tammy Baldwin (D-WI), Rob Portm...
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Ed Dept Solicits Feedback on Regulation Reduction. The U.S. Department of Education will hold the first of two public hearings tomorrow to solicit additional public input on which federal higher education regulations it should roll back. The hearing will be at Salt Lake Community College's Miller Campus in Sandy, Utah. A second hearing will be held on Oct. 4 in Washington, D.C. Nea...
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House Approves Spending Package with Ed Dept Cuts. The House of Representatives approved an omnibus spending package (H.R. 3354), by a 211-198 vote, to fund the government, including the U.S. Department of Education funding bill (H.R. 3358). The bill, as approved, would cut about $2.3 billion from the Department of Education, a roughly 3.5% reduction from the agency's current budge...
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DeVos to Change Sexual Assault Rule. U.S. Education Secretary Betsy DeVos gave a speech in which she said she would replace an Obama-era schools directive on sexual assault with an alternative that she said would do a better job balancing the rights of victims and the accused, Politico reports. The plan is to develop new guidance through a rulemaking process that likely wil...