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College Tax Breaks Weighed By Senate Panel

A bill is in front of the Senate Higher Education Committee that would allow taxpayers to deduct tuition payments made for their education or that of a dependent partner or child from their state income tax bills. Residents would be able to claim the deduction if their income does not exceed $85,000 in the relevant tax year. Payments that are made through student loans are considered tuition paid by the student or parent and would qualify for the deduction. Another bill would create tax credits for community college students or their parents.

I’ve had my dream job of waking up with all the great listeners and members of Brookdale Public Radio since January 3, 2005. Prior to this job, I began my career in radio at NJ 101.5 FM as a producer. From there, I took time off from radio to do other things. (including becoming a mom!)