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WASHINGTON, DC – U.S. Congressman Jason Smith and Congressman Danny K. Davis (D-IL) have introduced two bipartisan bills that will empower working students to pursue higher education while still participating in the workforce and earning money. These two pieces of legislation will reduce the reliance on student loans and reward those who work while learning by allowing employers to offer tax-free education assistance.
The first bill, the
Upward Mobility Enhancement Act, was introduced by Rep. Jason Smith and will permanently increase the employer provided education assistance from $5,250 to $12,000, index the amount to inflation, and expand the eligible education-related tools and technology covered by the tax exclusion. ....

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