_Schneebley t1_j0raqpx wrote
Reply to comment by snackexchanger in Is anyone taking advantage of the new Student Loan Repayment Tax Credit (SLRTC) for tax year 2022? by happyharrr
I understand what you're saying, and it's true it will be handicapping some people, but it appears the state says that the median credit was $2,000 prior to this. And with it seemingly being a refundable credit now, the new $2,500 tax credit will actually be a boost to at least half the people who claimed the EOTC. I dare say a lot more than that even because there were also people who fell under the "nonrefundable" degrees and were handicapped even more, particularly the people who were perhaps on Income-Base Repayments and other programs.
snackexchanger t1_j0rh8yg wrote
Everyone could have won if they had changed it from STEM degrees to STEAM degrees which seems to be becoming the preferred acronym in the educational system anyway…
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