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.
John Nothdurft returns as co-host with Donny Kendal in episode #7 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, roundtable discussions, stories, and light-hearted segments on a variety of topics on the latest news. The show is available for download as part of the Heartland Daily Podcast every Friday.
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.
Mr. Pomerleau explains why “tax credits for higher education may not be the best way to encourage college attendance.”
President Obama today announced a plan to provide relief of student-loan debt via executive order. His order would allow borrowers to pay no more than 10 percent of their “discretionary…