To amend the Internal Revenue Code of 1986 to restore the deduction for interest on higher education loans and to permit penalty-free withdrawals from qualified retirement plans to pay for higher education expenses.
Higher Education Finance Improvement Act - Amends the Internal Revenue Code to allow a deduction for any interest on a qualified higher education loan. Exempts withdrawals from qualified retirement plans for qualified higher education expenses from the ten percent early withdrawal penalty.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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