Executive Manager, Marriner S. Eccles Institute, University out-of Utah
Congress is on the brand new cusp regarding enacting a costly and you can ineffective new tax cost to have specialists which have college student financial obligation as part of the fresh broader c oronavirus rescue package. In place of providing recovery so you can troubled individuals, the provision alternatively bath s income tax slices towards the higher-income pros with an excellent efforts that are already paying down the loans , and you can brings up a depraved the fresh bonus to possess higher-income group to help you use to have school as opposed to pay out out of pouch . Continue reading