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The “Big Beautiful Bill” slaps Harvard with 8% tax on endowment
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Date: July 5th, 2025 11:59 PM Author: soggy university “ The endowment tax is just one of several provisions in the nearly 940-page bill with implications for Harvard. The legislation eliminates the federal Grad PLUS loan program and caps Parent PLUS loans at $65,000 per student — changes that could reduce access to graduate education and limit borrowing options for low-income families. It also consolidates student loan repayment plans and eliminates key borrower protections, including deferment for economic hardship and unemployment.
The bill also ties access to federal student aid to graduates’ earnings. Under the new accountability framework, programs whose graduates earn less than the median income of a high school graduate risk losing federal loan eligibility.
Those provisions are scheduled to take effect beginning July 1, 2026.”
https://www.thecrimson.com/article/2025/7/5/big-beautiful-bill-endowment-tax/ |
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Date: July 6th, 2025 12:04 AM Author: Avocado hairless becky what abut the 8?%
als, LOL @ eliminates key borrower protections, including deferment for economic hardship and unemployment |
Date: July 6th, 2025 12:05 AM Author: scarlet pea-brained sweet tailpipe tanning salon Does it include any other sensible provisions? (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075450) |
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Date: July 6th, 2025 12:56 AM Author: umber school cafeteria a few other schools too
180 attack on the higher Ed scam |
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Date: July 6th, 2025 1:05 AM Author: hyperventilating pit they should be taxed at the same ordinary income and LTCG rates as everyone else. 8% is weak. (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075552) |
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Date: July 6th, 2025 1:19 AM Author: Grizzly Box Office Pocket Flask this is 180 as fuck, why did nobody talk about this? (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075563) |
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Date: July 6th, 2025 1:20 AM Author: Avocado hairless becky cut tax for the rich and reduced spending on poors was 99% of the bill. so people focused on the 99% (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075565) |
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Date: July 6th, 2025 1:21 AM Author: Grizzly Box Office Pocket Flask but I care more than the normal person about fucking over colleges (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075568) |
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Date: July 6th, 2025 1:25 AM Author: umber school cafeteria (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075571) |
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Date: July 6th, 2025 1:39 AM Author: Henna fighting cruise ship Going after student loans and the higher education industry is the most 180 part about it. Lower borrowing caps. It even eliminates unemployment and hardship forbearance for borrowers in the future. Tons of schools will be totally fucked (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075572) |
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Date: July 6th, 2025 1:56 AM Author: umber school cafeteria YNY (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075587) |
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Date: July 6th, 2025 1:58 AM Author: sinister stage (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075589) |
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Date: July 6th, 2025 1:58 AM Author: Grizzly Box Office Pocket Flask realistically how does killing forbearance fuck the schools? they will still get paid, caps are going to fuck them (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075588) |
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Date: July 6th, 2025 4:41 AM Author: crawly place of business jap The caps seem high enough that most people can still afford it. Probably just drives the market to private loans for the extra $10k a year (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075649) |
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Date: July 6th, 2025 2:01 PM Author: arousing mexican Will private lenders offer 10k/year loans for junk degrees though? (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49076323) |
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Date: July 6th, 2025 4:40 AM Author: crawly place of business jap The deferment for economic hardship never made any sense in a world with IBR. You already pay $0 if you lose your job. (Now you pay $10 per month.) You were actually just fucking yourself over by going on deferment because you weren’t getting credit for forgiveness. (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49075648) |
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Date: July 6th, 2025 1:43 PM Author: umber school cafeteria (http://www.autoadmit.com/thread.php?thread_id=5746608&forum_id=2],#49076281) |