> Universities will just start offering education for free instead of waiving the tuition
Aren't you supposed to be taxed on the value of a good/service/gift received even if it was given to you for free? What is the "true value" of tuition?
I don't think waiving tuition will work, assuming tuition is taxed like most other things.
Aren't you supposed to be taxed on the value of a good/service/gift received even if it was given to you for free? What is the "true value" of tuition?
I don't think waiving tuition will work, assuming tuition is taxed like most other things.