Higher Education
BATON ROUGE – Black and Hispanic families in Louisiana have been disproportionately affected by a decade of cuts in state support for higher education, and the substantial tuition increases that have occurred as a result.
Average tuition and fees at a public four-year university accounted for 32 percent of median household income for Black families in Louisiana and 23 percent for Hispanic families in 2017, according to a new report by the Center on Budget and Policy Priorities.… Read more...
A little-used state tax credit program designed to benefit low-income students could balloon into a profitable tax shelter for Louisiana’s wealthiest citizens thanks to the recent federal tax cut law. If high-income taxpayers are allowed to exploit the program, the cost of the credit to the state could explode in the years to come as wealthy taxpayers rush to take advantage.… Read more...