Subsidizing Higher Education Through Tax and Spending Programs

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Bibliographic Details
Title: Subsidizing Higher Education Through Tax and Spending Programs
Authors: Maag, Elaine M., Mundel, David, Rice, Lois, Rueben, Kim
Publisher Information: Urban Institute, 2018.
Publication Year: 2018
Subject Terms: college affordability, higher education costs, 4. Education, 1. No poverty, Tuition and fees deduction, Pell Grant Program, higher education tax benefits
Description: In 1997 Congress enacted a number of tax benefits directed toward helping middle- and upper-middle income groups meet rising college costs. This shift in goals and strategies raises concerns about the fairness and effectiveness of the evolving federal approach to higher education. This policy brief analyzes who benefits from the major direct spending program, Pell grants, and the three tax subsidies that most closely resemble grants, the Hope and Lifetime Learning credits and the deduction for tuition and fees. In addition, the brief assesses the potential impacts of these direct spending and tax programs on the affordability of college and the college-going rates of potential students.
Urban Institute
Document Type: Report
File Description: application/pdf
Language: English
Access URL: http://hdl.handle.net/10919/84064
https://www.urban.org/sites/default/files/publication/46251/311453-Subsidizing-Higher-Education-Through-Tax-and-Spending-Programs.PDF
Rights: CC BY ND
Accession Number: edsair.od......2485..f3bcfca8424fdb91a704f394efa1063f
Database: OpenAIRE
Description
Abstract:In 1997 Congress enacted a number of tax benefits directed toward helping middle- and upper-middle income groups meet rising college costs. This shift in goals and strategies raises concerns about the fairness and effectiveness of the evolving federal approach to higher education. This policy brief analyzes who benefits from the major direct spending program, Pell grants, and the three tax subsidies that most closely resemble grants, the Hope and Lifetime Learning credits and the deduction for tuition and fees. In addition, the brief assesses the potential impacts of these direct spending and tax programs on the affordability of college and the college-going rates of potential students.<br />Urban Institute