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