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expand 529 college savings plan to enable the student (and parent) to repay student loans with tax-exempt savings.

Created by G.M. on February 21, 2013

Expand the 529 college savings plan to enable students and parents to receive a dollar-for-dollar tax deduction for funds used to pay for college loans in a given year. This will enable citizens to pay off their student loans faster.
We've got a $1 trillion bubble of student loans which is like the next mortgage loan crisis. This, combined with on-going high unemployment, will accelerate bankruptcies.

Economy & Jobs
Education
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