FEDERAL ROLE IN COLLEGE AFFORDABILITY
Oppose any proposal to increase the federal tax liability of public college and university employees by changing the treatment of their contributions to state retirement plans.
Oppose IRS attempts to create standardized definitions for early or normal retirement age with regard to state and local governmental plans; rather, IRS should defer to applicable state or local laws, regulations and policies governing the plans.
Oppose any proposal to make the Medicare Payroll Tax mandatory for all public sector employees, regardless of hire date or participation in another insurance plan.
$ 23.11<x<24.11 $
Oppose any proposal to restrict or eliminate the ability of state and local governments to advance refund their tax exempt bonds; i.e., refinancing of outstanding bonds before they reach their call date.
Oppose any legislation mandating institutions of higher education to spend down their endowment assets. According to the College Board, in 2009-2010 the estimated median average amount of endowment assets per FTE student was about $12,770 at public four-year doctorate granting universities and about $2,280 at public four-year master's universities, compared to an estimated median average of about $58,800 at private four-year doctorate-granting universities and about $10,410 at private four-year master's universities.
According to the College Board, in 2009-2010 the estimated median average amount of endowment assets per FTE student was about $12,770 at public four-year doctorate granting universities and about $2,280 at public four-year master's universities, compared to an estimated median average of about $58,800 at private four-year doctorate-granting universities and about $10,410 at private four-year master's universities.
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