October 27, 2004

Financial woes common in grad students

THE DAILY BRUIN ONLINE

The Higher Education Affordability and Equity Act, sponsored by Rep. Phil English, R-Penn., will help make it easier for graduate students to pay for their education.

Students all around the country, both undergraduate and graduate, are encouraged by the National Association of Graduate-Professional Students and other coalitions, to participate today in a "National Day of Action," where students are asked to log on to the Internet and lobby for the bill via electronic letters to their legislators.
.
.
.
Currently, graduate student stipends are fully taxable. However, if this bill goes into effect, it will expand tax exemption to cover graduate student stipends, Widge said.

"(It's) plain silly. (The) government pays out money but yanks part of it back. From a policy standpoint it just doesn't make sense," Widge said.

In addition to expanding tax exemption for students, the bill would also make it easier for students to pay back their student loans after graduation.

Now, after handling the stipends, what can we do about the rising student fees and health insurance?

Posted by johnvu at October 27, 2004 10:15 AM
Comments
Post a comment