§ 2875 - Legislative findings and intent - Vermont Statutes

§ 2875. Legislative findings and intent

(a) The general welfare and well-being of the state are directly related to the educational levels and skills of its citizens.

(b) It is the policy of the state to advance postsecondary education opportunities by utilizing the state's limited resources in an effective, efficient and equitable manner.

(c) Given the cost of postsecondary education to students, families and the taxpayers of the state, it is in the public interest of the state to support supplemental means which will enable its citizens to pursue their educational aspirations.

(d) It is a valid and vital public purpose of the state to create a means of encouraging the savings and investing of funds for future postsecondary education, in compliance with the Internal Revenue Code of 1986, as amended.

(e) The implementation and effectuation of the Vermont higher education investment plan as provided by this subchapter furthers this public purpose. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2001, No. 58, § 4, eff. June 16, 2001.)