The tax plan proposed by Republicans in Congress would hurt graduate students, as well as older and non-traditional students, wrote Marty Mickey, National Louis University’s Vice President of finance, in a Letter to the Editor published Nov. 8 by the Chicago Sun-Times.
That’s because the plan would allow students to take a full tax deduction for higher education for only four years, and a partial deduction the fifth year, he wrote. Since graduate students have presumably already completed four years of college, they would be out of luck.
Typically, older and non-traditional students have compiled various credits over the years, but need more classes in order to earn a degree. They, too, may have already completed four years.