Sen. Schumer announces tax credit for middle-class families

(Image 1)

ALBANY, N.Y. — Senator Charles Schumer says a tax credit included in the fiscal cliff deal will continue to help middle-class families pay for college.

The senator visited The College of Saint Rose Thursday, to announce the credit will provide up to $2500 dollars to families for the next five years.

He says this really makes a difference for most of the families here in the Capital Region.

“It allows every family that makes below 200 thousand a year to take a full tax credit of $2,500 for each year of college off their taxes to help defer the cost of tuition,” said Schumer.

The senator says this credit has saved local families thousands since 2009.

blog comments powered by Disqus