student loan tax benefit bill

New Bipartisan Bill Could Save Borrowers Thousands

Michael Lux Blog, News, Student Loans 0 Comments

A new House Bill sponsored by 12 Republicans and 19 Democrats would treat employer contributions for student loan payments like 401(k) contributions. Currently, employer contributions to student loan payments are taxed like normal income.  The new legislation would create an above-the-line deduction allowing employers to assist in student loan repayment …

DeVos visits a public school

DeVos off to a Rough Start as Education Secretary

Michael Lux Blog, News 0 Comments

After being narrowly confirmed by the Senate, Betsy DoVos’s first couple weeks as Secretary of Education have not gone well. Her first public school visit as Secretary of Education was to the DC’s Jefferson Middle School Academy.  DeVos, a major proponent of charter schools, was greeted by a number of public school …

DeVos Nomination Danger

Trump’s Education Secretary Confirmation In Danger

Michael Lux Blog, News, Student Loans 0 Comments

One of President Trump’s most unpopular cabinet nominations has been Betsy DeVos.  Prior to her nomination for Secretary of Education, DeVos, the Michigan Billionaire, was best known as a businesswoman, philanthropist and Republican fundraiser. DeVos’s long record of supporting school vouchers has made her very unpopular in many circles.  Her …