Trump Proposes Tax Exemption Loss for Schools Offering Race-Based Aid
· Telemundo McAllen (KTLM)
The Trump administration has proposed a new rule that would revoke tax-exempt status for private schools and universities that provide aid based on race. This move aims to eliminate diversity programs targeting Black, Hispanic, and other minority students. The Treasury Department's regulation, if finalized, would take effect after May 2027. Officials argue that such policies discriminate against white and Asian American students. Critics, including higher education leaders, claim this proposal undermines access to education for working-class Americans and people of color. The rule could impact up to 18,000 educational institutions across the U.S.
AI summary · Source: Telemundo McAllen (KTLM) →
