🎙️ New College Affordability Changes: Endowment Tax Hikes, Pell Grant Rules & Cost of Attendance Overhaul
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🎙️ New College Affordability Changes: Endowment Tax Hikes, Pell Grant Rules & Cost of Attendance Overhaul
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About this listen
In this episode of the College! podcast, hosts Matt Carpenter and Peg Keough unpack major proposed changes impacting college affordability and financial aid in 2025.
They explore the potential endowment tax increase from 1.4% to 21%, new rules that could revoke colleges' nonprofit status, and the controversial plan to require cost of attendance by academic program. Plus, they break down how new Pell Grant eligibility rules could hurt low-income, part-time, and neurodiverse students. If you're a parent, counselor, or college-bound family concerned about rising college costs, financial aid changes, and education policy, this is a must-listen episode.
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Chapters
- Introduction and Vegas Vibes (00:00)
- Proposed Tax on College Endowments (02:46)
- Taxing Intellectual Property of Colleges (10:23)
- Changes in Cost of Attendance Calculations (14:52)
- Pell Grant Eligibility Changes (20:57)
- Conclusion and Final Thoughts (30:37)
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