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To: Alex who wrote (40284)9/14/1999 1:00:00 PM
From: long-gone  Read Replies (1) | Respond to of 116759
 
Talk about inflation!:
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FREEDOM Watch
A look at what's new on "Project FREEDOM."
( house.gov )
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Issued: Tuesday, September 14, 1999
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Bill makes college costs fully deductible
Paul says measure makes higher ed more affordable, opens choices

WASHINGTON, DC -- Calling on Congress to help make college affordable to
millions of Americans while simultaneously increasing the choices available,
US Rep. Ron Paul (R, Texas) has cosponsored the "Make College Affordable Act
of 1999," HR2750. Rep. Harold Ford (D, Tenn.) authored the bill.

The measure allows single filers who make incomes up to $55,000 a year, and
joint filers with incomes up to $85,000 a year, to write-off the full amount
of a college education, including tuition, fees and room and board for
themselves and their dependents.

"Working families are struggling to pay college tuition bills, and for good
reason: the cost of attending college continues to skyrocket," said Rep.
Paul.

Every year, public concern about rising tuition costs increases as the cost
of post-secondary education rises and families find themselves in the
challenging position of trying to fund their child's education. According to
the National Commission on the Cost of Higher Education, between 1976 and
1996, the average tuition at public universities increased from $642 to
$3,151. During the same period, the average tuition at private universities
increased from $2,881 to $15,581 and for public two-year institutions,
tuition increased from $245 to $1,245. ...

...<SNIP>...
Read the rest of this PRESS RELEASE at:
house.gov