Economic Program | Idea Brief

A $5,000 College Tuition Tax Cut

by Anne Kim and Tess Stovall

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In order to succeed in today’s economy and job market, going to college is must. But in the last 27 years, the cost of going to college has risen faster than inflation. As more and more students take out loans in order to afford college, they are being increasingly burdened with debt. A simple, generous $5,000 college tuition tax credit would help families afford to send their children to college without breaking the bank or building up debt.

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