The primary race for Pennsylvania's auditor general will have an impact in November and go a long way to deciding who will check on the state's money.
FILE - An historical marker at the Pennsylvania Capitol in Harrisburg, Pa., is seen on Feb. 21, 2023. A partisan dispute about funding for three of Pennsylvania’s state-related universities may mean higher tuition for in-state students as a budget impasse continues further into the summer. The state government approached two weeks without full spending authority on Tuesday, July 11, while loose ends remained untied. HARRISBURG, Pa.
Tuition savings accounts, like the 529 plan, can be used for educational expenses — like tuition, room and board, books — at K-12 schools, college or career training programs and are meant to lower future borrowing. Sponsors for the bill say with student debt totaling $1.77 trillion nationally, the legislation would help reduce the financial burden on students.. Tuition rates are high, students leave encumbered with more debt and the state gives less to higher education than others.
Employers that make contributions would have to do so equally to all employees who have tuition savings accounts. The Department of Revenue estimates there are roughly 600,000 tuition savings accounts owned by Pennsylvania employees. The state would see an estimated $65.7 million cost annually, if each eligible account received the maximum contribution.WPMT would like to send you push notifications about the latest news and weather.
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