Tax Reform Bill Could Impact University of Evansville Endowment

first_imgDECEMBER 17TH, 2017  BRITNEY TAYLOR EVANSVILLE, INDIANA Lawmakers in Washington D.C. are still wrestling with the details of the new tax reform bill, some of which could have a negative impact on higher education.The bill proposes a 1.4% excise tax on endowments, which would affect scholarships for many students.Schools with an endowment of $250,000 per part-time student and $500,000 per full-time student would be affected.Although the endowment at UE isn’t high enough to be affected, officials say the future is still a concern.Donna Teague said, “We would hope that our lawmakers would see that, and make the right decisions to help higher ed and our students because as you know, higher education is very important. It’s important that students get a degree to help them in the future. So we need to try to make higher ed as affordable as possible.”Kentucky Wesleyan’s endowment is also not high enough to be affected.Negotiations on the new tax reform bill are still ongoing.Britney TaylorWeb ProducerMore Posts – Website FacebookTwitterCopy LinkEmailSharelast_img read more

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Over 100 of students test positive for COVID-19 in C. Java boarding school

first_imgAn Islamic boarding school in North Purwokerto, Banyumas, Central Java, has been closed temporarily after 127 students tested positive for COVID-19.“Although we already evacuated patients who tested positive, we will put the school under lockdown for 14 days so that people will not enter or exit this place, for extra measure,” Banyumas Health Agency head Sadiyanto said as quoted by kompas.com on Thursday.Sadiyanto said the agency was still evacuating positive students from the school as well as conducting health screenings as of Thursday evening.Read also: VP Ma’ruf wants ‘pesantren’ to get financial aid during pandemicHe also said that a temporary lockdown had been implemented at another Islamic boarding school in Karanggintung village in Sumbang district. The school was put under lockdown following the swab test results of 11 students who were revealed to be positive. “Out of 11 students, only three of them were Banyuwangi residents. We have already sent them to hospitals. We have also implemented a lockdown, which is supervised by the task force from the district, village and the boarding school itself,” he said. (dpk)Topics :last_img read more

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