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Political Hay

Pols Scheme to Nick Big Ed

Tax collectors set their sights on well-endowed colleges and universities.

(Page 2 of 2)

quoted in the Metro West Daily News April 8: br> /p>
"What I found somewhat disheartening was that it got into, 'You're rich, and we're going to tax you because we need the money,'" he said of the debate.
br> Colleges and universities have fallen all over themselves trying to head off the legislative juggernaut aimed their way. It probably won't work. Tuition costs have risen at double or triple the rate of inflation during exactly the same period that endowments have been making so much money. And academe, securely cosseted by government grants, scholarships, and subsidized loans, will find it hard to defend itself when government decides the bill has come due.
Page:   12

topics:
Taxes, Education, Law, NATO

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Lawrence Henry writes every week from North Andover, Massachusetts.

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