Obama Tax Plan - does it help the college student? Maybe not

With Barack Obama as the new president, it may be useful to look up his proposed tax plan to see where you fall.
http://www.barackobama.com/pdf/taxes/Factsheet_Tax_Plan_FINAL.pdf

If you are an accounting student that plans on entering the tax profession, it may be useful to read his plans on simplifying the tax code - if you are on the lower ranking parts of the tax field, it may be time to go back to school.

Simplify Tax System So 40 Million Americans Can Do Their Taxes in Less Than Five Minutes. Obama
will reform our tax system to greatly reduce its complexity, consolidating several credits and giving
taxpayers the option of pre-filled tax forms to verify, sign and return. Under the Obama tax plan, 40 million
Americans who take the standard deduction will be able to do their taxes in less than five minutes and will
not have to hire an accountant. This will save Americans more than $2 billion in tax preparer fees and more
than 200 million hours of work.

What else was interesting about reading this final plan? No mention of what he will do for students other than the three words, "reforming student loans" with no mention of anything more. While I have heard promises as to other actions, none of it made it into this plan. I suppose all we can do is sit back and hope that he makes good on his promise for education and students.