House passes bill that gives tax breaks to college students - WTVM.com-Columbus, GA News Weather & Sports

House passes bill that gives tax breaks to college students

(WTVM) -

Washington lawmakers passed a bill that could put money back in college students' pockets, but the plan has been met with opposition.

The House passed a new bill that simplifies the process of figuring out who's eligible to receive education tax credits.

The new bill would give students a tax credit – up to $2,500 a year – to help pay tuition and other school related expenses. It would also replace overlapping deductions and credits that cover more, but are difficult to figure out.

Some education officials oppose the bill because the bill would exclude a number of graduate and older returning students would lose their tax breaks. The White House administration opposes making the bill permanent because it would add $ 97 billion to the budget deficit over the next 10 years.

The previous law was set to expire at the end of 2017, but the new law makes the tax credit permanent. 

Copyright 2014 WTVM. All rights reserved.

  • LocalMore>>

  • SO SWEET: Phenix City man proposes via billboard, couple of 12 years

    SO SWEET: Phenix City man proposes via billboard, couple of 12 years

    Sunday, February 18 2018 9:46 PM EST2018-02-19 02:46:36 GMT
    (Source: Ashley Mora)(Source: Ashley Mora)
    Nick Fox decided to pop the question via billboard in Phenix City, Alabama. Fox asked his longtime girlfriend, Ashley Mora, to marry him with a large pink billboard near Crawford Road and 24th Street. The sign reads " Ashley, will you marry me?". Here's how Mora described the proposal in her own words: "He works for Outfront [Billboard company] as a sign hanger, so he had this planned with the guys up front for over a month now, getting the sign designed, made, and...More >>
    Nick Fox decided to pop the question via billboard in Phenix City, Alabama. Fox asked his longtime girlfriend, Ashley Mora, to marry him with a large pink billboard near Crawford Road and 24th Street. The sign reads " Ashley, will you marry me?". Here's how Mora described the proposal in her own words: "He works for Outfront [Billboard company] as a sign hanger, so he had this planned with the guys up front for over a month now, getting the sign designed, made, and...More >>
  • Columbus sorority takes kids to see box-office hit film

    Columbus sorority takes kids to see box-office hit film

    Sunday, February 18 2018 7:37 PM EST2018-02-19 00:37:52 GMT
    (Source: marvel.com)(Source: marvel.com)
    (Source: marvel.com)(Source: marvel.com)

    The Columbus Alumnae Chapter of Delta Sigma Theta Sorority, Inc. sponsored a local group of kids to see a big film in theaters this weekend.

    More >>

    The Columbus Alumnae Chapter of Delta Sigma Theta Sorority, Inc. sponsored a local group of kids to see a big film in theaters this weekend.

    More >>
  • A Columbus church hosts a 'FAB' event celebrating Black History

    A Columbus church hosts a 'FAB' event celebrating Black History

    Sunday, February 18 2018 7:17 PM EST2018-02-19 00:17:53 GMT
    (Source: Donna Chambers)(Source: Donna Chambers)
    (Source: Donna Chambers)(Source: Donna Chambers)

    First America Baptist Church held its “A Heritage of Heroes: Ordinary People, Extraordinary FAITH” event. The event was held as a celebration of Black History Month Sunday evening.  

    More >>

    First America Baptist Church held its “A Heritage of Heroes: Ordinary People, Extraordinary FAITH” event. The event was held as a celebration of Black History Month Sunday evening.  

    More >>
Powered by Frankly