Stop the Grad Tax! #NoGradTax
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Dear GOP Leadership and President Trump:
We urge you to reject the House of Representatives-proposed tax on tuition waivers as part of any final tax bill. Elimination of the existing exemption on tuition waivers, like so many aspects of the proposed legislation, would undermine the affordability, accessibility and quality of education.
The tuition waiver exemption has existed for many years and enables our universities to recruit the best and brightest scholars and innovators from across the globe regardless of background or economic means. As such, it promotes excellence in our world-leading university system and enhances access to higher education for individuals from under-represented backgrounds.
Ending this long standing, fair exemption would impose dramatic increases on the taxable income of graduate students who provide critical research and instructional services to our universities. In some cases, the increase could exceed 400%. We urge you to reject this and other regressive proposals and support legislation that prioritizes affordable and accessible education.
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