USA

Universities lose money

Last year, the income received by the universities and colleges has increased, according to National Association of College and University Business Officers and TIAA, only 8.2% is primarily due to the weakening of the stock market. For comparison, in 2017 this figure has increased by 12.2%.

This trend can have very negative consequences, given that the popularity of many higher education institutions is reduced. Decreased and the amount of donations received, the reason why can be new tax rules, according to which the possibility of the deduction of charitable contributions has decreased.

Source:news.rusrek.com
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