Tax-based aid provides support to individuals already likely to attend college. 20% of AOTC and LLC went to households earning more than $100,000 per year; more than half the benefits of tuition/fees deduction and of parental exemption for students went to households earning more than $100,000 per year. The immediate college enrollment rate was 82% for high-income families.
Tax-based aid provides support to individuals already likely to attend college. 20% of AOTC and LLC went to households earning more than $100,000 per year; more than half the benefits of tuition/fees deduction and of parental exemption for students went to households earning more than $100,000 per year. The immediate college enrollment rate was 82% for high-income families.