Congress is dating a bill requiring certain

Posted by / 01-Jul-2020 11:02

Congress is dating a bill requiring certain

Reed’s proposal fails to get at the core factors driving higher student costs -- factors like public institutions’ struggles drawing state funding, rising human resources costs and increasing health care bills, Bloom said.

Fundamentally, the American Council on Education opposes the idea of government restricting endowment spending. “We think it would be improper for the federal government to mandate the kind of approach that Mr.

Universities and colleges would be allowed to pay more to families at the lower end of the range.

The upper end of the range would be well above the U. median household income for families of ,426 in 2014.

For his part, Reed is not casting the idea as a silver bullet fixing the problem of rising college costs. Reed, a Republican from New York, is drawing up legislation that would affect universities and colleges with endowments of more than

For his part, Reed is not casting the idea as a silver bullet fixing the problem of rising college costs.

Reed, a Republican from New York, is drawing up legislation that would affect universities and colleges with endowments of more than $1 billion.

Representative Tom Reed says he’s open to modifying a controversial proposal to channel spending from large college and university endowments into student aid, even as he pitches the idea to presidential candidates and takes flak from the higher education community.

He added that any affordability efforts focused on endowments are bound to miss a large swath of students.

“The problem, in terms of affordability of American higher education, is not at the rich privates,” Ehrenberg said.

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For his part, Reed is not casting the idea as a silver bullet fixing the problem of rising college costs. Reed, a Republican from New York, is drawing up legislation that would affect universities and colleges with endowments of more than $1 billion. Representative Tom Reed says he’s open to modifying a controversial proposal to channel spending from large college and university endowments into student aid, even as he pitches the idea to presidential candidates and takes flak from the higher education community.He added that any affordability efforts focused on endowments are bound to miss a large swath of students.“The problem, in terms of affordability of American higher education, is not at the rich privates,” Ehrenberg said.

billion. Representative Tom Reed says he’s open to modifying a controversial proposal to channel spending from large college and university endowments into student aid, even as he pitches the idea to presidential candidates and takes flak from the higher education community.He added that any affordability efforts focused on endowments are bound to miss a large swath of students.“The problem, in terms of affordability of American higher education, is not at the rich privates,” Ehrenberg said.

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His proposal would require those institutions to take 25 percent of the amount they earn on their endowments annually and pay that money as grants toward students’ cost of attending.

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