Anyone who has earned a 4 year degree or higher and are in debt from student loans should be exempt from paying both Federal and State taxes until their student loans are paid off.
Why is this important?
I'm calling for a stand to help those who are in debt from Student Loans. I am college graduate with a Bachelor's Degree in Business Management. I was lucky enough to find a decent paying after college. However, between the amount I have to pay for my monthly student loan payments and my other bills, I don't have much of my paycheck left. Currently, I am living with family because I cannot afford a place of my own because of my student loan payments. I have added up my total expenses and have found that if I didn't have taxes taken out of my paycheck that I would be able to afford a place of my own. Given the situation of the economy and seeing as how the government has made very little effort to help those who are struggling because of their student debt, I feel that the people who have finished their higher education should be exempt from paying both Federal and State taxes until their loans are paid off.
