Not great, but it is a needed start.
I doubt that we will see this in Pennsylvania even though there is a parallel “Education Initiative Tax Credit” program for PA State Income Tax.
I would be much happier if it stipulated that field of study must be one in which 50+ percent of graduates can find employment within 12 months of graduation.
I am so happy to be retired and not auditing any more. This is an auditor’s nightmare to audit and verify compliance, especially the income verification of the recipients.
Another government boondoggle