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Schools essentially try to double dip here dancing between for-profit/non-profit status. By giving a tuition-waiver instead of "free tuition" they can consider
by Rnd1729 9y ago
Schools essentially try to double dip here dancing between for-profit/non-profit status.
By giving a tuition-waiver instead of "free tuition" they can consider this a business expense and write off the tuition.
The worst part about this is the write off gets bigger if tuition is bigger.
Don't fall victim to distilling things down to a headline. Read deeper and understand.
It's not just about what things do but how they do it and in this case this had to go.
- greglindahl 9y agoTher'e s a lot of misinformation floating around this discussion. The school that gave me a tuition waiver was owned by the State of Virginia and doesn't pay taxes. Almost all private US schools are charities and don't pay taxes for education-related activities.