Tuition Tax Credit Issue Undecided in Senate

Tax credits related to higher education are held up as Congress embarks on a month-long recess. Extending tax breaks for tuition and for research and development were part of a bill that would have increased the federal minimum wage while cutting away at the estate tax. Republicans added the education credits and minimum wage hike in an effort to get Senate Democrats to support the controversial bill. The ploy, however, did not work and the bill fell four votes short, thus leaving it up for debate as Congress takes its recess.

Reaction, of course, falls along party lines. Democrats feel that the estate tax cut panders to the wealthy and is an unfair loss of tax revenue, while the Republicans argue that it is a good trade-off to the benefits that working class citizens will receive from the minimum wage increase and education tax credits...

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Nike Founder Gives $105 Million Gift to Upgrade Stanford B-School

Nike Inc. founder Phil Knight will give $105 million to Stanford University’s Graduate School of Business. The gift will be used to build a new $275 million campus for the business school that will be outfitted with state-of-the-art instructional technology, a 450-seat auditorium, classrooms, breakout study rooms, dining facilities, a career management center, and executive education space.

The Center’s design will include more flexible classroom space for the greater number of small classes and seminars the school will offer. Dean Robert Joss said the gift “will allow us to create a physical environment to support new methods of teaching management and leadership, while also inviting more collaboration from across Stanford.”...

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College Students Warned About Online Postings

Incoming college students are hearing the usual warnings about the dangers of things like alcohol abuse and credit card debt. But many schools are passing on a new note of caution about the risks of online postings, particularly on popular social networking sites such as Facebook.

From large public schools such as Western Kentucky to smaller private ones like Birmingham-Southern and Smith, colleges around the country have revamped their orientation talks to students and parents to include online behavior. Some even have new role-playing skits that students watch before breaking into groups to discuss...

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