Republican Proposal Would Make College Scholarships Taxable Income

[Cattledog]

In a leaked document, obtained by Politico, of programs and existing tax breaks Republicans are considering changing to help pay for continuing the 2017 tax cuts, making all scholarships and fellowships taxable income stands out as a proposal that would immediately make college more expensive for the millions of students who receive grants and scholarships to help pay their tuition and fees.

If enacted, the change would make it more expensive to become a teacher, nurse, doctor, social worker or any of the other essential jobs where a college education is required. Tuition is expensive and students are constantly told that one way they can help make it less expensive is to get good grades so they can win a scholarship.

https://www.forbes.com/sites/edwardconroy/2025/01/24/republican-proposal-would--make-college-scholarships-taxable-income/

[jls4561]

1. Coz eddication ain't summit to be encouraged.

[Traildogbob]

2. Gotta cover the

No tax rich people gap.

[eppur_se_muova]

3. Reagan already did that with graduate fellowships. I was in grad school when suddenly ...

... our only source of income* was being taxed. These fellowships are funded partly by the Federal gov't, partly by college endowments, partly by the state. The net effect was to divert funds from private donors and states into Federal coffers. So much for the GOP being the party of lower taxation !


*Outside jobs for graduate students are strongly discouraged, and few could spare the time and energy in any case. An outside job can be cause for dismissal from the program at most schools.