College Funds For College Students: Support The Don't Tax Higher Education Act

Reps. John Delaney (D-MD) and Bradley Byrne (R-AL) have introduced bipartisan legislation to ensure philanthropic funds meant to support student aid, teaching, and research aren't taxed. The Don't Tax Higher Education Act would repeal a new tax that takes money from endowments– funds that would otherwise pay for scholarships, services, and needs at colleges and universities.

Your Representatives in Congress can take action to show their support by cosponsoring H.R. 5220. Use the tools here to tell them:

COLLEGE FUNDS FOR COLLEGE STUDENTS.

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Enter your information to ensure college funds support college students!

Subject:

Please cosponsor H.R. 5220

Dear Official,

I am a taxpayer, a voter, and a resident in your district and I believe eliminating the new endowment excise tax is an easy step lawmakers can take to reduce college costs.

Endowments, which are built with charitable contributions, help colleges provide scholarships  and important services to students, support faculty, teaching, research, and much more.

Charitable giving and endowments are a part of a very successful formula that relieves tuition pressure. In other words, covering expenses with endowment payouts eases a college's pressure to increase tuition.

Endowments help with access and success in higher education, which enhances American global competitiveness, and benefits society in myriad ways: College-educated citizens are more likely to volunteer in their communities, live healthier lifestyles, and are more likely to be employed and less likely to be dependent on federal, state, and local income support programs. College graduates have greater earnings and lower unemployment rates, which ultimately reflects in increased productivity of the economic system overall.

Please cosponsor H.R. 5220, the bipartisan Don't Tax Higher Education Act, and support the leaders and innovators of the next generation.

Sincerely, Your Name

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