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AAU Supports Employer Participation in Student Loan Assistance Act

The Association of American Universities (AAU) wrote to House Ways and Means Committee Chairman Kevin Brady (R-TX) and Ranking Member Richard Neal (D-MA), urging them to include H.R. 795, the Employer Participation in Student Loan Assistance Act, in any upcoming tax package. The bill would extend the tax exclusion for employer-provided educational assistance to include payments of an employee's qualified education loans, by amending Internal Revenue Code Sec. 127.

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