Trump administration pushes to remove tax exemption for private colleges with DEI policies
Summary
The Trump administration has proposed a new rule to take away the tax-exempt status of private colleges that offer help to students based on race. This rule would affect programs like admissions and scholarships aimed at supporting Black, Hispanic, and other minority students and would apply starting after May 2027.Key Facts
- The rule is proposed by the Treasury Department.
- It targets private schools and colleges that have programs based on race.
- The goal is to remove tax exemptions from schools that provide race-based benefits.
- This includes help in admissions, scholarships, and access to facilities.
- The proposed rule is part of a broader effort to end diversity programs aimed at minority students.
- The change would take effect only after May 2027 if the rule is finalized.
- It applies specifically to programs that target Black, Hispanic, and other minority groups.
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