Figure 3. Changes in median income and student debt, 2009 and 2019
Figure 3. Changes in median income and student debt, 2009 and 2019 The nation’s tax system invisibly subsidizes high-wealth households, who use Coverdell and 529 education savings accounts so that tuition functions as a tax-advantaged intergenerational transfer. For students with education debt, the IRS allows tax filers (married or single) to deduct up to $2,500 […]
Figure 3. Changes in median income and student debt, 2009 and 2019 Read More »