(MENAFN) In the GOP tax reform legislation, nonprofit colleges and universities are more and more becoming the target of Republicans on Capitol Hill.
The tax reform bill Republicans are working on is to likely result in major adjustments to federal student aid programs and the taxation of university endowments which higher education advocates are raising concerns over.
Director of government relations at the American Council of Education (ACE) Steven Bloom stated "if you wanted to come up with a plan to make college more expensive, undermine access for higher education and our ability to produce bright young graduates, who are going to go on to produce enormous contributions to the economy and its long-term vitality and vibrancy ... you'd do what the House bill does."
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