White House Tells 529 Savers To Go To Community College

town hall ^ | 1/23/15 | Conn Carroll

[Nachum]

White House Press Secretary Josh Earnest said Friday that middle-class families concerned about President Obama's plan to raise taxes on their college savings should just send their children to community college.

Obama's plan raises taxes on families saving for college by eliminating the tax-free status of money withdrawn from a 529 savings accounts. "I was very surprised by the Obama 529 proposal because in many ways it is anti-middle class for families trying to afford college," SavingforCollege.com founder Joe Hurley told The New York Times.

Asked to "square" Obama's State of the Union claim that he wanted to make college more affordable for middle-class families with his 529 tax hike, Earnest said, "The reforms the president has proposed for the 529 program are reforms that he would consider only in the context of the other education reforms that he put forward."

[Nachum]

It you like your college, you can keep your college.

[Nachum]

The list, Ping

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[E. Pluribus Unum]

If you have any savings, you are "the rich."

Obola only cares about people who piss money away the minute they get their hot little hands on it.

[RnMomof7]

YEP

[stephenjohnbanker]

LMAO!!

[Rusty0604]

All in the name of equality and fairness.

[Wyatt's Torch]

Absolutely totally f**king clueless...

[stephenjohnbanker]

” Absolutely totally f**king clueless...”

“Absolutely totally f**king EVIL.

Fixed it.

[freeangel]

I guess not all college bound students have a Saudi sugar daddy putting tem through school. This is another middle finger to middle class parents who have scrimped and saved into this fund for their kids education.

[2ndDivisionVet]

There’s a word for that.

[EagleUSA]

Ain’t Marxism wonderful ??

[WayneS]

A bunch of elitist pricks are running our federal government.

[stephenjohnbanker]

If I had a very bright son or daughter entering college, the LAST thing I would do is sent them to a jr college.

[SandRat]

529 Savers tell White House To Go To ****!

[stephenjohnbanker]

If a kid has taken several AP courses, COMMUNITY COLLEGE WILL BE LIKE REPEATING THE 8TH GRADE.

[Attention Surplus Disorder]

What arrogant pieces of crap. Republican or Democrat, where the HELL do these fools get off thinking they have the right to tell Americans and people what to do? Rhetorical question. Is their track record on predictions so darn good that we should be waiting on the edge of our chairs to await the next one(s)?

[GeronL]

They really hate the uppity middle class peasants!

[God luvs America]

i’m sure liberal academia at Ivy league schools and other 4 year institutions are just loving this!!

[Slyfox]

People don't save money in a 529 for their children to go to community college. They save it for the four-year colleges which are sometimes expensive.

Any kid can work a minimal paying job, stay at home and afford community college.

Obama is an @$$.

[Veto!]

As his big balloon flutters to the ground, it lets out increasingly foul air.

Why doesn’t he just quit? Maybe he could move to Capetown and become president of South Africa.