A proposed regulation aims to end tax-exempt status for private schools and colleges. This change would affect institutions that offer targeted support to students based on their background. The rule targets benefits in areas such as admissions and scholarships.

The proposal is part of a broader effort to eliminate certain programs. Details of the plan are available, including its potential implementation timeline.

Further information on the proposed regulation can be found through the original source, which outlines the specifics of the change and its potential impact on affected institutions.