Scott Walker: Package of bills will make it easier for students to afford higher education
Borrowers paying back their student loans would get a bigger break on their taxes and more students at Wisconsin’s technical colleges could receive need-based aid under bills Gov. Scott Walker unveiled that are aimed at making higher education in the state more affordable.
Critics said the plan didn’t do enough to help student loan borrowers.
The tax deduction borrowers can claim on their student loan interest payments is now capped at $2,500. But a proposal Walker rolled out during a visit to Waukesha County Technical College in Pewaukee on Monday would eliminate that limit, helping about 32,000 borrowers in Wisconsin, the governor said, and increasing their tax benefit by $165 per person on average.
The proposals Walker disclosed last week include several bills being circulated by Republican lawmakers.