Credit for Hiring Student Loan Repayers?

The Student Loan Repayment Act of 2017 (H.R. 615) would expand the work opportunity tax credit to include a new category of workers: student loan repayers (individuals with at least an associate’s degree and having outstanding student loans of at least $10,000). The bill also includes a student loan program startup costs credit for employers equal to 50% of eligible costs up to a limit ($500 x number of employees eligible for this measure) for up to 3 years.


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