The newly introduced House Republican tax plan has left many wondering how graduate students could be affected if tuition waivers become taxed income.

As reported by NPR, many grad students do research or teach in exchange for these waivers. Some argue that in Ph.D. programs, obtaining a degree can be as consuming as a full-time job. And stipends currently may not cover the total cost of living. If the tax plan passes, the tuition grant will be seen as additional income.

Larry speaks to education experts today for a pro/con discussion on the impact of the plan on grad students.

Guests:

Mary Clare Amselem, education policy analyst at the Heritage Foundation, a conservative think tank based in Washington D.C.; her research focuses on higher education policy

Pedro Noguera, distinguished professor of education in the Graduate School of Education and Information Studies at UCLA