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Trump administration targets private college tax breaks

Trump administration targets private college tax breaks

The Trump administration has proposed a regulation that would revoke the tax-exempt status of private schools and colleges providing race-based assistance, such as scholarships or admissions benefits, effective from May 2027. The rule aims to eliminate policies that favor students based on race, reflecting an effort to remove diversity and inclusion initiatives in higher education. This move could impact up to 18,000 institutions and follows previous attempts by the administration to challenge racial equity programs, with critics arguing it threatens access for minority and working-class students.

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