Monday, February 7, 2000
Making colleges affordable
In his final State of the Union address, President Clinton urged Congress to significantly increase spending on financial aid and offer tax breaks to make college more affordable. The centerpiece of Clinton’s higher-education proposals is a 10-year, $30 billion College Opportunity Tax Cut. When fully phased in, the incentive would give students and their families the opportunity of either taking a tax deduction or claiming a 28 percent tax credit for up to $10,000 per year in tuition and fees.

International students entrance fee
A new fee introduced by the Immigration and Naturalization Service could force new international students attending U.S. colleges and universities to pay a $95 entrance fee.
The fee would be used to create a computer database of information which would make it easier to gauge if international students are complying with conditions of their student visas, such as taking the required class load and not working more than the hours permitted. The regulation, if approved by Congress in May, would mean additional costs to institutions as well because it is required that the program be self-financed.
--Matthew Winston
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