Path: utzoo!utgpu!watmath!clyde!att!osu-cis!tut.cis.ohio-state.edu!cwjcc!hal!nic.MR.NET!tank!uxc!uxc.cso.uiuc.edu!uxg.cso.uiuc.edu!uxe.cso.uiuc.edu!mcdonald
From: mcdonald@uxe.cso.uiuc.edu
Newsgroups: comp.edu
Subject: Re: Tax law changes on educational bene
Message-ID: <51200010@uxe.cso.uiuc.edu>
Date: 18 Dec 88 04:25:00 GMT
References: <1412@trantor.harris-atd.com>
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Nf-ID: #R:trantor.harris-atd.com:1412:uxe.cso.uiuc.edu:51200010:000:578
Nf-From: uxe.cso.uiuc.edu!mcdonald    Dec 17 22:25:00 1988



>As I understand it the old law expired this year, and congress *forgot* to
>renew it (in the same manner they forgot to refuse their pay increases).
>Many of my friends work at private universities in low-paying jobs to get
>tuition remission.  For someone making $4 an hour, being taxed for $4,000
>of "wages" ($500/course * 2 courses/Qtr * 4 Qrts/year) is a big jolt.

This is somewhat outdated. That issue has been decided. There has been
substantial relief. Around here (state school) it seems to be complete
relief, but I am not so sure about expensive private schools.