DC TAG Increase to 15,000?!

[Anonymous]

Anonymous wrote:25 years?!? So no hope that it will increase to 20K by the time my 4th graders goes to college.

Yep. To put this in perspective, I benefited greatly from this when attending a state school 2002-6. I now have a 5th grader, and this is the first time the amount has increased. It's better than nothing, but it should be a lot higher already.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Never a dull moment. The spending bills are being held up in the House now by a few Republicans. Who knows where it will end up? Seems likely something will be worked out, and I sincerely doubt they would strip out the TAG money at this point, but don't count your chickens, etc.

Woo hoo it passed, will be signed shortly, $15k/year finally!

Do you have a link? From what I can see the version that passed had $40 million for DC tag but did not mention anything about increasing limits like the house one did above but maybe I am looking at the wrong version.

[Anonymous]

Is this a done deal?

[Anonymous]

See section 820 https://www.congress.gov/bill/119th-congress/house-bill/7148/text

[Anonymous]

18-year old moved to VA alone. He is about the get in-state tuition at NVCC and then will transfer to GM.
He got his DL in VA, has a rental lease, is working, and I think he signed up to vote. His health insurance is from VA HI market.

[Anonymous]

Still a complete pittance in the face of college costs. You applaud this and stop pushing for more, and it will be 15k when an average 4 year degree costs $150k in the near future.

[Anonymous]

Anonymous wrote:Still a complete pittance in the face of college costs. You applaud this and stop pushing for more, and it will be 15k when an average 4 year degree costs $150k in the near future.

+1. Not close to covering the difference for instate cost.

[Anonymous]

Interesting that the income limits have come down. Families used to be eligible with 1M incomes now cut off almost half of that.

Do state school have tuition tied to income limits as well?

[Anonymous]

Anonymous wrote:Interesting that the income limits have come down. Families used to be eligible with 1M incomes now cut off almost half of that.

Do state school have tuition tied to income limits as well?

No. The income limits are pretty bogus considering that DC invests basically zero in higher education compared to states with similar budgets, yet we pay the same amount of taxes …

[Anonymous]

Perhaps they were able to raise TAG by imposing stricter income limits.

Do families making over 600K really “need” the money?

[Anonymous]

Anonymous wrote:Still a complete pittance in the face of college costs. You applaud this and stop pushing for more, and it will be 15k when an average 4 year degree costs $150k in the near future.

It's possible to applaud it (first increase in 25 years) AND keep pushing for more in the next negotiations. Especially with a new mayor and Delegate next year.

[Anonymous]

Anonymous wrote:Perhaps they were able to raise TAG by imposing stricter income limits.

Do families making over 600K really “need” the money?

Do families making over 600K in states with public university systems really “need” the in-state tuition rate?

[Anonymous]

Point well taken. Unfortunately, DC is not a state and nobody will push to get rid of the income limit. Precisely why folks choose to live in MD or VA. In state tuition regardless of income.

[Anonymous]

Not a lot of financial advantages to living in DC.