As introduced: LB296 was introduced to make changes to the Nebraska College Savings Program. The Nebraska state income tax deduction limitations available for contributions made to a Nebraska College Savings Program is increased from $2,500.00 to $5,000.00 for a married person filing separately and to $10,000.00 for a joint filing.…...
Educational Savings Plans
The rising cost of tuition has moved higher education out of reach for many families. Students are increasingly graduating with significant amounts of debt. In 2011, 63% of Nebraska’s college students graduated with debt averaging $24,284. These trends have made savings for higher education significantly more important. While attaining higher education…...
