Poliquin visits UMaine to announce support of college savings bill, media report
The Maine Public Broadcasting Network, WABI (Channel 5), WLBZ (Channel 2) and WVII (Channel 7) reported U.S. Rep. Bruce Poliquin announced at the University of Maine that he is sponsoring a new bill that will aid college savings. Building on the success of Maine’s NextGen college savings program he once guided as state treasurer, the 2nd District Republican told UMaine students that the bill will encourage other states to follow Maine’s lead and will provide additional benefits for the NextGen program, according to MPBN. “For him to be able to want to reduce college debt is really important. Any tax reduction [that] helps families pay for college is,” Ashley Simon, a UMaine student told WABI. Poliquin said the Help All Americans Save for College Act of 2016 will revise 529s to operate more similarly to 401(k) retirement savings accounts and allow the opportunity for employers to match education costs, MPBN reported.