The New Tax Bill and Brandeis

Dear Students, Faculty, and Staff,

Over the past few days, the U.S. Congress finalized a significant restructuring of the way individuals and corporations are taxed in the United States. The debate around this bill has caused much concern in higher education and elsewhere, particularly for our graduate students. Under several earlier versions of the tax plan, graduate-student tuition waivers would have been taxed.

The current version of the bill, which President Donald Trump has just signed, raises several questions about support for higher education. However, to the relief of many in higher education, some of the more consequential provisions, which would have had a negative impact on the accessibility and affordability of education, were not included in the final bill.

Here are some important things you should know about the bill:

This was an enormously complex bill, but I am relieved that Brandeis will avoid some of the consequences the bill in its earlier incarnations would have imposed.


Sincerely,


Ron