Bush proposes plan for higher education
By Sara Jeanblanc | January 25, 2001Less than a week into his presidential term, President Bush is getting busy. On Tuesday, Bush sent a package of education proposals to Congress for approval, including one designed to encourage families to save money for college. Bush asked Congress to raise the annual cap on contributions to tax-free education-savings accounts that families use to pay for college, from $500 to $5,000. Bush also is asking to expand the savings plans, which now can be used only to pay higher education expenses, so that families can spend money from the accounts on private secondary school tuition. Bush also called on Congress to provide funds to states and local school districts to form partnerships with colleges to strengthen math and science instruction in public schools.   Related Links CD Online Special: Elections 2000 Text of President George W.
