Trump Administration Proposes Stripping Tax-Exempt Status from Schools Considering Race in Admissions

The proposed rule by the Internal Revenue Service (IRS) would allow the revocation of federal tax exemptions from private K-12 schools and colleges that consider race when awarding benefits, a move that could significantly impact institutions with diversity, equity, and inclusion (DEI) programs. This policy is expected to face legal challenges and could have a "chilling effect" on fundraising and programs aimed at broadening access for minority students.