Friday, May 12, 2017

And no state income tax: Tennessee to make community college free

Tennessee state line
Oh yeah, I know, Tennessee taxes investment dividends but other than that, unlike my state, Illinois, and many others, the Volunteer State has no income tax.

It's amazing what can be accomplished when a state isn't run by corrupt-o-crats, as ILL-inois is.

From CNN Money:
Lawmakers approved legislation Wednesday that will expand the Tennessee Promise program that launched in 2014. It made tuition and fees free for recent high school graduates enrolled in a community college or technical school. Now, adults who don't already have an associate's or bachelor's degree can go for free, too, starting in the 2018 fall semester.

Governor Bill Haslam is expected to sign the bill into law. He proposed the legislation in his State of the State address earlier this year. It's a cornerstone of his initiative to increase the number of residents with a college education to 55% by 2025. Last year, less than 39% of residents had gone to college.

"If we want to have jobs ready for Tennesseans, we have to make sure that Tennesseans are ready for jobs, and there is no smarter investment than increasing access to high-quality education," Haslam said in a statement.

To be eligible, students must have been a state resident for at least a year before applying, maintain a 2.0 GPA, enroll in enough classes to be a part-time student, and complete the Free Application for Federal Student Aid.

No comments: