Members of Congress have introduced bipartisan bills that would give a tax break to the growing number of companies that offer to help pay off their employees’ student loans.
1. What are the reasons that the article presents for this idea as being a deeply ill-conceived way to address student debt? Do you agree or disagree?
2. Who would actually be the beneficiaries of this bill?
3. Who are the sponsors of the bill?
4. Who do you think are the losers if this bill is passed?
Source: Weissmann, J. (2016). This Bill Would Give Companies a Tax Break for Paying Off Their Employees’ Student Loans. It’s a Terrible Idea. Slate.com, March 18
(Retrievable online at http://www.slate.com/blogs/moneybox/2016/03/18/this_bill_would_give_companies_a_tax_break_for_paying_off_employees_student.html)