Making Higher Education Tax Credits More Available To Low- And Moderate-Income Students: How and Why

Publication Date: May 2007

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Aviva Aron-Dine

Research Area: Banking and finance; Education

Keywords: Economic projections; Tax code; Higher education; Education costs

Type: Report

Abstract:

Several members of the Finance Committee have introduced legislation that would enhance these students’ access to the credits, while other Committee members have introduced a bill that would overhaul the existing credits without remedying their most significant defect (see box on page 8).   This analysis discusses the reforms needed to make the credits more available to low- and moderate-income students and the importance of making these changes if the credits are to fulfill their basic purpose of enabling more students to go to college.