How Federal Tax Policy Interacts With Higher Education Spending


Federal tax policy

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Two significant things happen every April: Income taxes are due and high school seniors, bound for college, decide where they want to continue their education.

These events are not unrelated. The federal government and the states — in addition to the aid they supply through grants and other spending initiatives — provide a range of income tax benefits intended to help students and their families pay for higher education.

Members of Congress are contemplating policy changes that could affect both types of programs: a major tax reform effort and reauthorizing the Higher Education Act.

This piece was originally published in The Hill. Read the full article here.

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