Higher Education Affordability and Equity Act

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-- Higher Education Affordability and Equity Act

Posted by Izzy on Nov-04-2003 16:46:

Higher Education Affordability and Equity Act

As opposed to all the negitivety about some of the US's inner policies i wanted to praise congress and Howard McKoen, R-Calif for proposing this bill. The Higher Education Affordability and Equity Act, as a whole, provides needed tax relief to students and parents paying for college. One of the more important facets of the act is the permanent retention of the educational provisions included in the Economic Growth and Tax Relief Reconciliation Act of 2001. Taken together, these education provisions will provide more than $29 billion in benefits over 10 years, according to the American Council on Education. If passed it would also expand the Student Loan Interest Deduction to allow borrowers a full deduction of the interest on their student loans. I hope this goes to show that there are those in this country that do care about the education system.

http://www.theorator.com/bills108/hr826.html