{"id":2087970,"date":"2023-11-02T12:52:02","date_gmt":"2023-11-02T16:52:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-wants-to-create-free-american-academy-paid-for-by-ivy-league-endowment-tax\/"},"modified":"2023-11-02T12:57:23","modified_gmt":"2023-11-02T16:57:23","slug":"trump-wants-to-create-free-american-academy-paid-for-by-ivy-league-endowment-tax","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-wants-to-create-free-american-academy-paid-for-by-ivy-league-endowment-tax\/","title":{"rendered":"Trump aims to establish tuition-free &#8216;American Academy&#8217; funded by Ivy League endowment tax."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-wants-to-create-free-american-academy-paid-for-by-ivy-league-endowment-tax%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2087970&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Former \u2063President Donald Trump \u2062Proposes Free College Degrees through the &#8220;American Academy&#8221;<\/h2>\n<p>In a bold move, former President \u2062Donald Trump unveiled his latest proposal to revolutionize higher education \u200bin the United\u200c States. His plan involves the \u2063creation of an online &#8220;American Academy&#8221;\u2063 that would offer free\u200d college degrees. But here&#8217;s the catch &#8211; the \u200cfunding for this ambitious endeavor would come from hefty taxes imposed on the endowments of large \u200cprivate universities, \u200bincluding prestigious institutions\u2064 like Harvard.<\/p>\n<p>In \u2064a campaign policy \u200cvideo, Trump expressed his concerns about the current state of higher \u2064education, claiming that it has been responsible for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-wants-to-create-free-american-academy-paid-for-by-ivy-league-endowment-tax\/\" title=\"Trump aims to establish tuition-free 'American Academy' funded by Ivy League endowment tax.\">producing left-wing political radicals<\/a>. He even went as far as accusing some \u200bof \u200dthese individuals of \u200dexcusing recent\u2062 terrorist attacks against Israel by Hamas.<\/p>\n<h3>A Truly World-Class Education without Adding to\u200c the Federal Debt<\/h3>\n<p>Trump emphasized that the United States spends more money on higher education \u200dthan any other country, yet the results are \u2062far from satisfactory. He believes it&#8217;s \u200btime for a change and introduced his &#8220;dramatically different&#8221; solution &#8211; the &#8220;American Academy.&#8221; According to him, this institution would provide a truly top-tier education \u2064option that\u2064 is strictly nonpolitical, with no room for &#8220;wokeness&#8221; or &#8220;jihadism.&#8221;<\/p>\n<p>The former \u2063president assured that the &#8220;American Academy&#8221; would offer\u2062 a wide range of courses,\u200c from lectures on\u2062 the \u2064nation&#8217;s history to\u2063 training in skilled trades. The\u2062 goal is to deliver high-quality education that meets the needs of the \u200cpeople.<\/p>\n<h3>A Revolution in \u2064Higher Education<\/h3>\n<p>Trump&#8217;s proposal doesn&#8217;t \u2062stop at free education. \u2064He\u200c also plans to require \u200cthe government and \u2062all federal contractors to accept credentials from\u200d the academy. Additionally, the \u2064institution would accept credits from \u2064students with\u2064 unfinished degrees, allowing them to finally complete their\u2062 education.<\/p>\n<p>With this groundbreaking \u2062initiative, \u2062Trump envisions providing\u200c life-changing opportunities for tens of millions\u200c of American\u200c citizens. It&#8217;s a revolution in \u200chigher education \u2064that aims to empower individuals and shape a brighter future for the nation.<\/p>\n<p>So get\u200c ready to embark on this educational journey, learn from it, and be grateful for the opportunities\u2063 it brings. \u200cThe &#8220;American \u2062Academy&#8221; is here to make a difference, and it all starts now.<\/p>\n<p> <\/p>\n<h2> What are the potential \u2064benefits and drawbacks of imposing taxes\u2062 on wealthy universities to fund free college\u200b degrees through the American Academy?<\/h2>\n<p><span>  \u2064Of wealthy universities.<\/p>\n<p>Under Trump&#8217;s \u2063proposal, the American \u200bAcademy would operate as a \u200cfully\u200b online institution, incorporating cutting-edge technology and modern teaching methods to deliver high-quality education to students from all walks of life. The aim is to make college degrees more \u2063accessible and affordable for \u2062all Americans, regardless of their socioeconomic background.<\/p>\n<p>The former President\u2063 argued that the \u200dskyrocketing cost of \u200dhigher education has created a significant barrier\u200b to entry for many individuals, leaving them burdened with \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/no-one-has-to-pay-your-damn-debt-the-five-panel-goes-ballistic-over-the-squads-demand-to-cancel-student-loan-debt\/\" title=\"\u2018No One Has To Pay Your Damn Debt\u2019: \u2018The Five\u2019 Panel Goes Ballistic Over The Squad\u2019s Demand To Cancel Student Loan Debt\">massive student loan debts<\/a> that hinder their\u200b ability to thrive economically after graduation. By offering free college degrees through the American\u200d Academy, Trump believes that this financial burden can\u200c be alleviated, \u200callowing students to focus on their studies and future \u200bcareers without the constant worry of mounting debt.<\/p>\n<p>Trump&#8217;s\u200c proposal also \u2062targets wealthy universities with \u200cmassive endowments as a source of funding for the\u200c American Academy. These institutions, some of which boast endowments in the\u2063 billions, have long been criticized\u200c for their tax-exempt status and perceived lack of contribution to \u200csociety. Under the former \u2063President&#8217;s \u2064plan, they would be subject to hefty \u200btaxes\u200b on their\u2064 endowments, \u2064ensuring \u2063that they contribute their fair share to the education system.<\/p>\n<p>Critics of Trump&#8217;s\u2064 proposal argue that imposing taxes on wealthy universities may \u200bdiscourage private donations and philanthropy, which play a significant role in funding research, scholarships, and \u200dother educational initiatives. They also assert that making college \u200bdegrees entirely free \u2062may devalue\u2063 the \u2063importance \u200bof higher \u2062education \u2063and diminish \u200bits perceived worth in the job market.<\/p>\n<p>However, supporters of the former President&#8217;s plan contend that the benefits outweigh the potential drawbacks. They argue that the taxes imposed\u200c on wealthy universities would not\u2063 impede their\u200c ability \u200cto continue supporting research and\u200b educational initiatives significantly. Instead,\u200c the funds generated could be redirected towards providing free college education for those\u200c who cannot afford it, leveling the playing field and narrowing the opportunity gap.<\/p>\n<p>Furthermore, proponents of free college degrees emphasize the\u200b positive impact it would \u200dhave on social mobility and\u2063 economic\u200d growth. With a higher percentage \u200dof the population equipped with college degrees, the\u200d labor force \u2062would become more skilled and\u200b competitive, leading to increased productivity and innovation. It \u2064would also \u200breduce income inequality by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/florida-university-system-staff-could-be-fired-for-allowing-transgender-bathrooms\/\" title=\"Staff in the Florida university system may face termination for permitting transgender bathrooms.\">providing equal access<\/a> to higher education, regardless of an individual&#8217;s financial background.<\/p>\n<p>While Trump&#8217;s proposal \u200bto \u200bestablish the American Academy and \u200coffer\u200b free college\u200b degrees faces both support and opposition, it cannot be denied that it brings \u200bforth an important \u2064conversation about the accessibility and \u2063affordability of higher education in the \u2063United \u2064States. As the\u2063 cost \u200cof earning a college\u2064 degree continues to rise, \u2063it is imperative for\u200c policymakers \u2062to explore \u2063innovative solutions that can <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/world-governing-body-bans-transgender-cyclists-from-womens-events\/\" title=\"Transgender Cyclists Excluded from Women's Events by Global Governing Body\">ensure equal opportunities<\/a> for all individuals\u2062 to pursue\u2063 higher education and secure a prosperous\u200c future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former president Donald Trump proposed a free online &#8220;American Academy&#8221; for college degrees, funded by taxing large private universities&#8217; endowments like Harvard. This plan was revealed in a campaign policy video, hinting at a potential rematch for the former president.<\/p>\n","protected":false},"author":1,"featured_media":2087971,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2087970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2087970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2087970"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2087970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2087971"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2087970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2087970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2087970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}