Word: tuitions
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Gore also made a concerted effort to focus on issues that appeal to younger voters, calling for tax deductible tuition payments, and calling education a "number one priority...
...Gore's plan would spend $36 billion on income tax credits to offset costs of college tuition. A family could receive as much as $2,800 in tax credits each year. Gore would also allow families to sock away up to $2,500 a year in new tax-advantaged accounts, similar to 401(k)s, which they could tap at any age for higher education or job training. And Gore would spend $2 billion nationalizing a program, already in place in some states, that gives parents tax breaks to save for their kids' college tuition...
...Ivan Frishberg, director of the higher-education project for the State Public Interest Research Group in Washington, notes that for the sum Gore proposes to spend on tax breaks for tuition, he could fully fund Pell grants to send low-income students to four years of college - and would have money left over to offer tax credits for interest paid on student loans. These measures would directly help students - who are the signatories to most college debt - rather than their parents. But politicians know that in 1996, only 30 percent of 18- and 19-year-olds voted, in contrast...
...order to be eligible, students who showed up for the 30-question "fastest finger" test had to present a current tuition bill as proof of their college enrollment...
...make $10,000 of college tuition tax deductible yearly...