Jump to ContentJump to Main Navigation
College ChoicesThe Economics of Where to Go, When to Go, and How to Pay for It$
Users without a subscription are not able to see the full content.

Caroline M. Hoxby

Print publication date: 2004

Print ISBN-13: 9780226355351

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226355375.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 02 April 2020

The Impact of Federal Tax Credits for Higher Education Expenses

The Impact of Federal Tax Credits for Higher Education Expenses

Chapter:
(p.101) 3 The Impact of Federal Tax Credits for Higher Education Expenses
Source:
College Choices
Author(s):

Bridget Terry Long

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226355375.003.0004

This chapter examines the distribution and impact of the Hope Learning Credit (HLC) and Lifetime Learning Tax Credit (LLTC) on taxpayers, students, and institutions. By reviewing the literature and analyzing several data sets on tax returns, individual behavior, and institutional activities, the chapter examines three major questions. First, how have the tax credits been distributed by income? Although no program is likely to reach all eligible students, the higher education tax credits provide a new opportunity to test how effective it is to deliver college aid through the tax system. Second, how have the credits affected the college decisions of individuals? Have they prompted individuals to attend college who would not have otherwise? Have the credits encouraged students to choose more expensive colleges? The chapter also looks at how postsecondary institutions responded to the tax credits.

Keywords:   Hope Learning Credit, Lifetime Learning Tax Credit, taxpayers, institutions, tax returns, college aid, tax credits, college decisions, colleges, income

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.