Rand Paul: All College Expenses Should Be Deductible

Senator Rand Paul of Kentucky, who is seeking the Republican presidential nomination, on Friday called for all college expenses to be tax deductible, The Los Angeles Times reported. He did so while criticizing President Obama's proposal to make community college free. "The president says, 'I want to give you free college.' It sounds good at first, but think about it? How could it be free?"

Paul added, "I have a better idea. Let’s let college students deduct the entire cost of their educations over their working careers. Let’s make college tuition entirely deductible." He did not provide details in the speech, given to students at the University of Iowa. There currently are federal tax deductions for some college expenses, but in many cases they would not cover the entire cost of college, as Paul suggested they should.