To the editor: I learn the article about dad and mom not getting a tax break for serving to pay their little one’s pupil loans, and it actually appears unfair (“Is there a tax break for paying a child’s student loans?,” April 12). Many households are already combating how costly faculty is, so when dad and mom attempt to assist, they need to not less than get some form of assist.
Because the article describes, proper now, the one possibility is utilizing the present tax rule, however that doesn’t actually assist a lot. It simply avoids additional taxes as an alternative of really giving households an actual profit. Scholar debt doesn’t simply have an effect on one individual — it impacts the entire household.
If nothing modifications, extra households will hold coping with monetary stress simply to afford schooling. Faculty is meant to assist individuals succeed, not put them in long-term debt.
The federal government ought to create an actual tax break for households serving to with pupil loans to allow them to get some aid.
Gerardo Reyes, San Jose
