In 2016, Minnesota became the 35th state to approve tax deductions on contributions made to 529 college savings plans. Some politicians in St. Paul can now appeal to youthful voters in time for November by using this legislative measure as political fodder. But in reality, Minnesota barely scratched the surface in helping alleviate the burden of rising college tuition costs.
Every year the percentage of American high school graduates enrolling in college increases. Yet the cost of attaining those degrees has been growing at an astronomical pace, one that is harmful and unsustainable.
In my last post, I showed that young Americans have increasingly chosen not to work over the last 35 years. The crazy thing is that this took place in the…
[Published at Investors Business Daily, September 26] When we talk about recipients of entitlements, we are typically referring to either of two kinds of Americans: the poor and the elderly.…