Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
BOSTON (AP) — Democratic candidate for governor Martha Coakley says she wants to make higher education more affordable.
Coakley unveiled a plan Thursday aimed at students who want to attend community college and can't cover the expense with traditional financial aid. Under Coakley's plan, the state would cover the balance of the tuition.
Coakley said Massachusetts should also join 34 other states and establish a $5,000 tax deduction for families who make contributions to Massachusetts' 529 college saving plan.
The financial aid portion of Coakley's plan would cost the state an estimated $225 million. The tax deduction would cost up to $20 million.
Coakley said the full-need financial aid policy recognizes the importance of expanding access to post-secondary education, both to increase opportunity for young people and to put Massachusetts on the path to long-term economic prosperity.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.