Under proposals, tax-based student aid would go to the low- and modest-income families and individuals who most struggle with college costs. Proposed reforms should shift tax-based aid toward families in the bottom 80% of the income distribution. Target tax breaks to institutions that meet at least a minimum responsibility threshold for enrolling low-income students and helping students persist and complete.
Under proposals, tax-based student aid would go to the low- and modest-income families and individuals who most struggle with college costs. Proposed reforms should shift tax-based aid toward families in the bottom 80% of the income distribution. Target tax breaks to institutions that meet at least a minimum responsibility threshold for enrolling low-income students and helping students persist and complete.