Details of Tax Credit Not Yet Decided
The undersecretary of the Education Department confirmed last week that President Reagan had approved a proposal to grant federal tax credits to parents of private-school students.
William C. Clohan Jr. said the President had approved the plan "in outline," but he said the details of the proposal had not yet been decided.
Other sources said the plan would phase in tuition tax credits, beginning with a deduction of as low as $100 per child in the first year, and rising to as much as $1,000. See Education Week, March 31.
Mr. Clohan also acknowledged that the tuition tax-credit plan, if approved by the Congress, would begin in the fiscal year 1984.
Vol. 01, Issue 28