...Meanwhile, U.S. leaders look determined to make life much harder for the country's universities. The tax reform plan now being put forward by congressional Republicans contains big cuts to higher-education funding. It eliminates tax credits and deductions that students use to help pay for college. And it makes certain kinds of financial aid taxable -- for example, tuition waivers, which help graduate students eke out a meager living while they get their advanced degrees. Besides putting college out of reach for some, it would force many remaining students to borrow more, thus exacerbating the student loan problem.
These cuts -- about $65 billion during the next decade -- would force universities to cut costs and tighten their belts. But they would also crush the nation's Pikevilles. The Ivy League universities and big flagship state schools would survive, but many smaller colleges in more vulnerable regions would be devastated. The same struggling working-class regions that Donald Trump promised to save during his campaign would find one more path to a brighter future cut off....
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