The next frontier in education: Transforming 529 college savings plans
529 plans’ uses should be broader and allow families to save for K-12 expenses and job training expenses after college and graduate school. We should be able to learn and save money in order to improve our skills using a 529 account at any point in our lives.
College Football and Congress
Congress’s priorities for the bill include the following: Why are so few students finishing a degree? Here lies the intersection of HEOA and college football. When students head back to campus later this month, many of them will dedicate themselves as much to watching sports like football as their coursework.
Free Enterprise to the Rescue: Donations From Business Boost Private-School Scholarships
Thanks to a swell of charitable donations from businesses, more disadvantaged Arizona children will have the opportunity to choose a private school this year.
Uncle Sam, Student Loans, and The Sopranos
The federal government operates what looks like a predatory loan program for families. . . . Politico’s Michael Grunwald says the PLUS loans have “much higher interest rates and fees, and far fewer opportunities for loan forgiveness or reductions.”
Whatever you need to know in the future, you don’t know it now
What if you could save tax-free for education no matter your child’s age, without limits on how much you could save, or what educational expenses are allowable? What kinds of opportunities would open up for students of all ages with that kind of flexibility? You could use the funds to prepare for college or for job training later in life.
Higher education and private sector investment
Income share agreements would take the burden of college tuition repayment off of taxpayers and ask employers to invest more in the human capital they hope to find in the job market. That is certainly an improvement over Washington’s method of asking taxpayers for more money.
Education savings accounts and students with special needs in higher ed
Families shouldn’t have to wait for courts to decide how their children should be treated. Education savings accounts allow parents to act today—and prepare for tomorrow—in order to give their children the chance at a great future.
Putting faith in people, instead of faith in the system
Washington shouldn’t decide for taxpayers that they should subsidize as many people as possible to enter college. Like Thiel, let’s allow individuals to make the best decisions for themselves.
“All-time high” graduation rates, and what they mean
Nationwide, nearly 3 million students take remedial classes once they get to college, according to the Wall Street Journal. In 2012, the makers of the ACT college entrance exam said some 60 percent of high school graduates are not ready for higher education.
Learning from experience
Just as the 529 tax plan was a misguided proposal, the Common Core testing regime is a train wreck. In 2013, Florida abandoned the consortium designing one of the tests, Tennessee left last year, and Mississippi left in January.