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Healy, Patrick – Chronicle of Higher Education, 1995
The Internal Revenue Service (IRS) will not ask the Supreme Court to review a lower court's decision to exempt the Michigan Education Trust from federal income taxes. The state college tuition prepayment plan was discontinued in 1991 due to legal challenges but promised to honor its commitments to 55,000 participants. The program may now be…
Descriptors: Court Litigation, Federal Government, Federal Regulation, Higher Education
