Originally posted Jan. 17, 2022:
The Kentucky State House is going to vote on HB126. HB126 would require Kentucky high school students to fill out FAFSA to graduate.
FAFSA stands for the “Free Application for Federal Student Aid”. What does the application require?
- The student’s Social Security number
- The parents’ Social Security numbers
- The student’s driver’s license number (if they have one)
- Federal tax information or tax returns including IRS W-2 information—for the student AND their parents
Records of the student’s and parents’ untaxed income, such as child support received, interest income, and veterans’ non-education benefits.
Information on cash, savings and checking account balances, investments, (including stocks and bonds and real estate) and business and farm assets for the student and the parents of student.
In other words, if HB126 passes, the parents of any students that wants to graduate would have disclose their income, bank account balance, business assets, and any income that does not get reported to the IRS.
This MUST be stopped.