December 15, 2006
Senate Panel Discusses Combining Tuition Tax Credits and Student Aid
Legislators also question exemptions for college donations that help buy admission
Members of the U.S. Senate Finance Committee showed strong interest during a hearing last week in a witness's proposal to combine tuition tax credits, an expired income-tax deduction, and the Pell Grant into a refundable "super credit" that would simplify higher-education tax incentives and assist students from middle- and lower-income families.
The hearing also featured talk of a possible
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