ST. LOUIS (KMOX) – The Provost at Washington University says provisions in the Republican tax proposals dealing with higher education would be bad for his school and the St. Louis region.
Holden Thorp tells KMOX proposed taxes on graduate student tuition and the university’s endowment would be a double-whammy.
“The excise tax, that’s directly taking money out of the university, and this tax on graduate students, if we help them deal with that, that’s also taking money out of the universities, so particularly on the latter we don’t even want to contemplate how we would do that yet,” he says.
Thorp says the taxes make it tougher to attract the best students and conduct life-saving research.
He agrees with Webster University President Beth Stroble who told KMOX those provisions in the bill would reduce the region’s ability to develop an educated workforce.