Economy

Univ. of Minn. grad students rally against GOP tax bill

Univ. of Minn. grad students rally against GOP tax bill

Under the new Republican-backed tax plan that's making its way through Congress, tuition waivers would be taxed as regular income and put graduate school out of reach for many, if not most, graduate students on Michigan Tech's campus.

Graduate Teaching Fellows at the University of OR held a rally Wednesday on campus to protest the GOP tax bill.

When a graduate student works as a research assistant, the University covers the cost of the student's tuition and that money is not counted as taxable income; in exchange, the student performs research relevant to their work. The House version of the bill would add income taxes to graduate school tuition when it is covered by colleges and universities. That provision is part of the bill that cleared the U.S. House of Representatives.

At the rally, a graduate student speaker directed everyone in attendance to enter the numbers for California's Senators in their phones on the spot, telling the protesters to call and demand that Democrats withhold consent from Senate business until the tax bill is dead.

"We're monitoring the legislative tax reform discussion closely and very concerned about the impact this change would have on our faculty and staff, who depend on our tuition programs to support the college education of their family members", Ferlazzo said. Many students expressed frustration with the Trump administration for not prioritizing higher education.

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"This perpetuates this terrible standard that graduate school is only for already rich and frankly, white people", Clinton said.

The protest of students from the University of Peshawar continues on third day against the administration for increasing fees, inadequate facilities in hostels and transport issues.

Such worries have meant sleepless nights for Mariel Bello, a USC doctoral student in clinical psychology who hopes her research will improve addiction treatment in low-income communities. As such, cuts in our pay will affect our everyday lives, making it hard for us to complete our degrees. They see more than 75 percent of universities actively trading in high-risk funds (securities, hedge funds and private equity funds) that earn up to 15 to 16 percent annual rate of return, while spending only 5 to 7 percent of their endowments per year (as a "safeguard for future generations"), resulting in untaxed endowments of more than $600 billion.

"We team with other universities and other associations to make sure that the message isn't simply about the University of Wyoming - although we are focused on that", he said.

He was disappointed with the University's response to the graduate students' concerns.

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"History shows that unions are the only vehicle, really, that employees have to fight back against the employer's offensive", Cloud said. And there is a perception that far too many college and universities focus too little on teaching, learning and graduation.

"Congressional Republicans need to come to the table to work on a truly bipartisan deal that protects graduate students - many who can only afford to pay for their education through research and teaching duties - from the increased burden of student loan debt".

At the Washington University School of Medicine in St. Louis, Dr. Jeffrey Gordon and graduate student Vanessa Ridaura examine samples of gut bacteria taken from fat or lean people in 2013. They say the legislation would "cause a crisis in graduate education".

About 145,000 grad students received a tuition reduction in 2011-12, the American Council on Education says.

"We won't be able to stay here if that tax reform bill passes", Young continued. "While the platitudes are nice and I appreciate them, I want to see more, and I think the attitude here is, we want to see more specific promises on behalf of the University". It's a precarious lifestyle that I think most graduate students live, and nobody is arguing that we should change that. His research group focuses on biodegradable metals for medical devices that could save lives, like cardiovascular stents that open up blocked arteries and safely absorb into the body once their work is done.

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