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Taxing Higher Ed

Last week, I blogged the 66 tax raising options circulated by the Congressional Budget Office.  Today's Inside Higher Ed blogs the items affecting higher education:

One, ending the federal government's practice of subsidizing the interest on loans for graduate students while they are in school, would save more than $10 billion over five years, the CBO estimates. (This idea has been batted around for many years.) Another calls for slashing federal funding of the humanities and arts by 20 percent and leaving it at that level in perpetuity. A third contemplates ending general federal assistance to Washington, D.C., including money that subsidizes tuition for District residents at public colleges in other states. And another — which would raise an estimated $86 million over five years — would tax sponsorship payments made to college athletics programs to name buildings or for other purposes, a subject that has gotten some attention on Capitol Hill in recent years.


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