Giving is getting very taxing
Article Abstract:
Proposals for a move away from income tax towards a flat tax, Value Added Tax or national sales tax pose a serious threat to higher education in the US. US colleges and universities have long enjoyed favourable tax status and voluntary contributions to higher education in 1996 totalled more than $14 billion. Any fall in giving to higher education resulting from the removal of tax incentives on charitable donations would reduce access to higher education by cutting the funds available for scholarship aid. Colleges would also be adversely affected if they no longer had access to tax-exempt financing.
Publication Name: Times Higher Education Supplement
Subject: Education
ISSN: 0049-3929
Year: 1997
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Credit funding is here, but so are its drawbacks
Article Abstract:
The report of the Higher Education Quality Council's Credit Accumulation and Transfer system's development project recommends funding by credit, but credit-based funding raises a number of important issues. There is a strong theoretical case for credit-based funding, but it is difficult to see how it can operate without a national qualifications framework. The number of credits per level needed to gain an award can vary between institutions, as do the actual or notional hours involved in obtaining a degree. The credit allocated in any credit-based funding system will therefore vary.
Publication Name: Times Higher Education Supplement
Subject: Education
ISSN: 0049-3929
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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