Should Massachusetts tax its wealthiest higher ed institutions to subsidize the cost for public college students?
Should Massachusetts tax its wealthiest higher ed institutions to subsidize the cost for public college students?
For the first time this year, colleges with large endowments are going to have to start paying a new tax that passed as part of the GOP’s tax plan. Now, in Massachusetts the Democratic candidate for governor has proposed a new state tax on private college endowments. The goal? Make public college tuition less expensive. His proposal comes as big college endowments nationwide are coming under increased scrutiny.
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