Marketplace®
Every story is an economic story

Should Massachusetts tax its wealthiest higher ed institutions to subsidize the cost for public college students?

Universities with big endowments must start paying a new tax that passed as part of the GOP’s tax overhaul.

For the first time this year, colleges with large endowments are going to have to start paying a new tax that passed as part of the GOP’s tax plan. Now, in Massachusetts the Democratic candidate for governor has proposed a new state tax on private college endowments. The goal? Make public college tuition less expensive. His proposal comes as big college endowments nationwide are coming under increased scrutiny.

 

 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    13 hours ago
    25:17
  • Marketplace Morning Report
    21 hours ago
    6:21
  • Marketplace Tech
    a day ago
    12:25
  • This Is Uncomfortable
    2 days ago
    27:11
  • Million Bazillion
    4 days ago
    12:18
  • Make Me Smart
    4 months ago
    24:33