Skip Ribbon Commands
Skip to main content

Testimony to the Senate Finance Committee Hearing on Education Tax Incentives and Tax Reform

 Email  Share  Print

Testimony to the Senate Finance Committee Hearing on Education Tax Incentives and Tax Reform

August 09, 2012

ACE President Molly Corbett Broad's testimony for the record submitted to the Senate Committee on Finance for the hearing on education tax incentives and tax reform held July 25, 2012.

In the comments, ACE and the 11 eleven higher education groups signing on to the testimony strongly support extensions of the American Opportunity Tax Credit, the above-the-line deduction for qualified tuition and related expenses, employer-provided educational assistance benefits, the expanded Student Loan Interest Deduction, and the expanded Coverdell Education Savings Accounts. However, the groups also support efforts to simplify and consolidate several of the higher education tax credits and deductions to make them easier to use and therefore more effective.

More on

  • March 27, 2015

    HEADLINES: Today's Top Higher Education News

    In this morning’s headlines, The Chronicle of Higher Education looks at a GAO report asking the Education Department (ED) to look into why so many students who have received federal Teach Grants have had their grants changed to loans. Inside Higher Ed reports on the results of an audit looking at how ED is enforcing regulations designed to crack down on colleges' use of incentive compensation, and The Boston Globe looks at competency-based education. These stories and more below:

  • March 25, 2015

    ACE Names 47 Faculty and Administrators to Fellows Program

    As the ACE Fellows Program celebrates its 50th anniversary this academic year, 47 emerging college and university leaders have been selected for the 2015-16 class.

  • March 25, 2015

    Paper Addresses How Institutions Can Leverage Innovation to Improve Student Success

    Huron Consulting Group, in cooperation with ACE, has released a Huron Education briefing titled, “Academic Education Incubators: Emerging Models and Strategic Considerations for Leaders.”

  • March 23, 2015

    ACE to Host the Institute for Leading Internationalization

    Early bird registration ends April 1 for ​the Institute for Leading Internationalization, scheduled for June 7-9 in Alexandria, VA.

  • March 23, 2015

    Congress Begins Work on FY 2016 Budget

    ​Congress took the first major step toward a FY 2016 budget last week with the passage of budget resolutions in the House and the Senate, both of which propose to greatly restrict available funding for student aid and research.