education Archive
Endowment Tax: Should We Tax University Endowments?
October 19, 2022
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TweetShareSharePin0 Shares Taxing university endowments has gained popularity recently, partly in response to the Biden administration’s forgiveness of student loan debt. Some view it as a means of holding universities accountable for the product they’re selling. Others view it as a tool to tamp down tuition rates or punish ideological opponents. But do these arguments
Student Loan Debt Cancelation Tax Treatment
August 25, 2022
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TweetShareSharePin0 Shares President Biden’s announcement of student loan debt forgiveness is already raising many questions. How much will it cost? Who will benefit the most? How will it contribute to inflation? Does the president even have the legal authority to implement this loan forgiveness? Here’s one more question to add to the mix: will states
Student Loan Forgiveness Tax Treatment Creates Confusion
July 20, 2022
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TweetShareSharePin0 Shares Student debt forgiveness has been at the forefront of recent federal policy discussions, with President Biden exploring using executive action to cancel up to $10,000 in student loan debt per borrower. Under current law, the tax code handles debt forgiveness differently depending on the borrower’s repayment plan—canceling student loan debt would have new,
