Two Harvard professors share their thoughts on the latest from the US Republican Party’s tuition waiver tax plan.
Recently the House of Representatives essentially voted to destroy graduate education in the United States. By taxing tuition waivers as income — and therefore treating their taxable income as two to three times the amount graduate students are actually paid — the Republican tax bill would effectively put graduate study outside of the reach of all but the independently wealthy. While the Senate version of the tax bill does not include this provision, it is far from certain what the final bill after the reconciliation process will look like.
