Despite research showing that low/ modest-income families are more likely to respond to changes in college costs and student aid, tax-based aid provides substantial support to higher-income families. The Tax Policy Center estimates that more than half the benefits of the Tuition and Fees Deduction and Exemption for Dependent Students will go to households with annual incomes $100,000 or more.
Despite research showing that low/ modest-income families are more likely to respond to changes in college costs and student aid, tax-based aid provides substantial support to higher-income families. The Tax Policy Center estimates that more than half the benefits of the Tuition and Fees Deduction and Exemption for Dependent Students will go to households with annual incomes $100,000 or more.