Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:That's insane.
I don't think it's insane, but not too smart either to make public education another income-based entitlement. Other states have one in-state tuition, not several based on parents' income.
The Federal taxes have income based benefits. Day care and summer camp have federal tax impacts.
http://www.irs.gov/publications/p970/ch06.html#en_US_2012_publink1000295066
Magic cut-offs are 80,000 single and 160,000 family. Families who live in low cost of living areas and make 159 are better off than those making 160 in DC.
Interesting. And what does it have to do with higher Ed? The question is how to replace in-state college tuition, not how to extend daycare to people in their 20s.
Anonymous wrote:Sorry if this has already been discussed but would this be in addition to or instead of the non-needs based in state tuition incentive of up to $10k difference per year DC already has? Our 3-kid DC family in DCPC and DCPS has an annual income of a little over $100k-does that mean that they program would institute a reduction in in state tuition remission for our family we would already receive, do we choose the best of either plan, will the previous plan be replaced by this one or do they work simultaneously?
Anonymous wrote:Anonymous wrote:No, the policy is designed to level the playing field for lower income folks to be able to pay for college easier.
How much is the D.C. Promise worth?
The D.C. Promise will cover the costs of tuition and fees after other sources of financial aid have been exhausted. The maximum amount of the grant will depend on the student’s household income and the length of time they were enrolled in a District public school. Students who were continuously enrolled between grades 6 and 12 and who are from households with incomes below 200 percent of the federal poverty level (FPL) will be eligible for the largest awards. Students who were enrolled continuously between grades 9 and 12 will be eligible for a reduced amount.
There are tables on the website that lists the grant for income levels. For a family of 3 making $150-250K, the max grant would be $5K per year (max $25K for 5 years). Also, it doesn't look like TAG will be replaced per Catania's website and reading the bill. Even if the income cap was removed, TAG is a better deal for higher income families (assuming they are considering public universities).
Anonymous wrote:No, the policy is designed to level the playing field for lower income folks to be able to pay for college easier.
Anonymous wrote:No, the policy is designed to level the playing field for lower income folks to be able to pay for college easier.
Anonymous wrote:Anonymous wrote:Anonymous wrote:That's insane.
I don't think it's insane, but not too smart either to make public education another income-based entitlement. Other states have one in-state tuition, not several based on parents' income.
The Federal taxes have income based benefits. Day care and summer camp have federal tax impacts.
http://www.irs.gov/publications/p970/ch06.html#en_US_2012_publink1000295066
Magic cut-offs are 80,000 single and 160,000 family. Families who live in low cost of living areas and make 159 are better off than those making 160 in DC.
Anonymous wrote:Anonymous wrote:That's insane.
I don't think it's insane, but not too smart either to make public education another income-based entitlement. Other states have one in-state tuition, not several based on parents' income.