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Comptroller Urging Students To Check Out Student Loan Tax Credit Program

September 9th, 2019 by WCBC Radio

Maryland Comptroller Peter Franchot is urging students to check out the Maryland Higher Education Commission Student Loan Debt Relief Tax Credit Program. The tax credit is available to Maryland resident taxpayers who live in the state during the 2019 tax year, who incurred at least $20,000 in undergraduate or graduate loan debt and who have at least $5,000 still outstanding. Franchot says college loans can have crushing consequences for students and their families. The burden of this debt – now at $1.6 trillion nationally – has reached a crisis level. He says it important to act fast as the deadline to apply is this Sunday….


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