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Senator Proposes Penalties for Colleges That Hoard Endowment Funds
15 May 08 11:58 AM | Student Loan Girl | 0 Comments   

In a recent letter to the U.S. House of Representatives Committee on Ways and Means , Rep. Peter Welch , D-Vermont, proposed restricting IRA rollover contributions to colleges that don’t use their endowments to help low and middle-income students pay Read More...

Filed under: college, college endowments, Committee on Ways and Means, Higher Education Act, house legislation, Internal Revenue Code, IRA, NextStudent, Peter Welch, Representative Peter Welch, student loans, The Chronicle of Higher Education, U.S. House of Representatives