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Testimony to the Senate Committee on Finance Hearing on Higher Education and the Tax Code

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Testimony to the Senate Committee on Finance Hearing on Higher Education and the Tax Code

July 08, 2014

Testimony for the record submitted to the Senate Finance Committee for the June 24 hearing, “Higher Education and the Tax Code.”

ACE and the groups endorsing the testimony strongly support the “three-legged stool” framework in the current tax code that encourages saving for higher education; helps students and families pay for college; and assists borrowers as they repay student loans. However, they believe that tax reform provides an excellent opportunity to improve some of the individual provisions that will make the framework more effective for students, their families and taxpayers repaying student loans.

Along with ACE, the higher education associations signing the testimony include:

  • American Association of Community Colleges
  • American Association of State Colleges and Universities
  • Association of American Universities
  • Association of Governing Boards
  • Association of Jesuit Colleges and Universities
  • Association of Public and Land-grant Universities
  • Council for Christian Colleges and Universities
  • National Association of Independent Colleges and Universities

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