To amend the Internal Revenue Code of 1986 to make higher education more affordable by providing a full tax deduction for higher education expenses and interest on student loans.
Make College Affordable Act of 2005 - Amends the Internal Revenue Code to allow taxpayers, their spouses, dependents, and grandchildren a tax deduction from gross income for certain higher education expenses and for interest on certain student loans. Includes as higher education expenses undergraduate tuition and fees and reasonable living expenses while attending an institution of higher education.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E90-91)
Referred to the House Committee on Ways and Means.
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