To: President Donald Trump, The United States House of Representatives, and The United States Senate
Make College 100% Tax-Deductible
We the undersigned urge you to acknowledge that education, just like office supplies and fuel for our cars, is a real business expense, and to therefore modify the tax code to make college tuition, expenses, and student loan repayments 100% tax deductible.
Why is this important?
Having an educated population strengthens our economy from within, but, so many of us can't afford a college education or, once we've gotten one, can't afford to both maintain a household and make student loan payments.
Many people derive no significant benefit (or none at all) from the current tax regulations because, in order to be able to afford to make loan payments and also make a living (especially in urban areas where 79% of the country lives), we can exceed the income threshold specified in the tax regulations, and lose the benefit entirely.
Let's acknowledge as a nation that education, just like office supplies and fuel for our cars, is a real business expense, and allow everyone who is either attending college or repaying their student loans to take 100% of their payments as a tax deduction.
Many people derive no significant benefit (or none at all) from the current tax regulations because, in order to be able to afford to make loan payments and also make a living (especially in urban areas where 79% of the country lives), we can exceed the income threshold specified in the tax regulations, and lose the benefit entirely.
Let's acknowledge as a nation that education, just like office supplies and fuel for our cars, is a real business expense, and allow everyone who is either attending college or repaying their student loans to take 100% of their payments as a tax deduction.