Tuition tax aid nears passage
As Delaware's Republican Senator William V. Roth sees it, there are three distinct classes in the U.S. where higher education is concerned: l)"the very rich," who can afford the best colleges; 2)"the very poor," who can meet skyrocketing costs only because of various aid programs; and 3)"the very taxed," those middle-income Americans who have no easy way to pay their kids' bloated bills. Inflation has kicked their incomes not only into higher tax brackets but also out of the grant and loan market. At the same time, their after-tax income is barely keeping pace with soaring tuition...
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