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April 21, 2012

Moving On Up: How Tuition Tax Breaks Increasingly Favor the Upper-Middle Class

Stephen Burd:

The last several years has seen significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in a new Chart You Can Trust, Education Sector's Stephen Burd argues that there's a better way to keep the Pell Grant program viable: elimination of the American Opportunity Tax Credit and the other federal tuition tax break programs.

Moving On Up: How Tuition Tax Breaks Increasingly Favor the Upper-Middle Class takes a look at tax breaks that have been portrayed as a way to help middle-class families. But the data show that increasingly, it is families with the highest incomes that benefit.

Posted by Jim Zellmer at April 21, 2012 1:55 AM
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