Thursday, November 15, 2012

Quit making education more affordable

For the past couple of days, I've been catching up on my continuing education requirements to keep my accounting license.

As we went through some of the tax provisions related to education, I noticed this chart with the various tax credits and/or deductions that are all centered around education. 

Now outside of the the exclusionary provisions in the chart, all of these items have been implemented with the past 15 years. All in the vain of making education more affordable.

Now ask yourself this question. Is education more affordable or less affordable than it was 15 years ago?

Who gets hurt more from the escalating costs of education Warren Buffett or a middle class working stiff trying to make it work for their kid?

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