Tag Archives: American Opportunity Tax Credit

Now is a good time for parents and students to see if they will qualify for either of two college tax credits or other education-related tax benefits when they file their 2015 federal income tax returns.

The White House’s latest proposal for easing student-debt is a noble but ultimately bankrupt effort, which misses the forest for the trees. The plan includes an expansion of income-based repayment (IBR), makes the American Opportunity Tax Credit permanent past the current 2017 cut off, and places a cap on loan forgiveness for public sector workers. Yet like most college affordability proposals that …