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My understanding is that universities jack up the tuition knowing the students can get government subsidized loans and grants. Then they give tuition waivers to
by pkaye 9y ago
My understanding is that universities jack up the tuition knowing the students can get government subsidized loans and grants. Then they give tuition waivers to those who cant because the prices are jacked up and getting something from them is better than nothing.
- taylodl 9y agoBut these students aren't getting loans - they're having their tuition waived. Now the government wants to tax the amount waived as income. If anything, graduate students will now be forced to get loans in order to pay their taxes - which is absurd.
- lostapathy 9y agoOr maybe tuition will come back down to a level that actually matches what it costs to run the school, and grad student instructors will get paid a wage instead?
- taylodl 9y agoWhich costs the institutions money in the form of paid wages to grad student instructors - which is an actual outlay of money. Lowering the tuition across the board for grad students lowers it for all grad students, not just the grad student instructors. Either way the institution, the grad student, or both, are out more money out of pocket as a result of this plan.