ERIC Number: ED156078
Record Type: RIE
Publication Date: 1978-Jun
Reference Count: 0
Middle-Income Students: A New Target for Federal Aid? Tax Credits and Student Assistance Programs.
Hansen, Janet S.; Gladieux, Lawrence E.
Two programs being considered by Congress to aid middle-income college students in coping with ever increasing college costs are examined. Expansion of existing student aid programs to reach families higher on the income scale; or a new program of federal income tax credits for the expenses of higher education. The background of present policy discussions are reviewed, followed by an examination of assumptions underlying the concern for middle income students and a description and analysis of the potential impact of the alternative remedies that have been proposed. It is concluded that unlike tax credits, the student aid alternative is sensitive to a variety of family circumstances, taking such circumstances into account in determining which students need assistance and the amount they require, and would direct far larger individual benefits and a greater proportion of new monies to middle-income families, those with annual incomes between $15,000 and $25,000. By contrast, it is felt that tax credits would extend a small amount of help to nearly all families incurring tuition expenses for higher education, and the largest share of subsidies would go to families with incomes above $25,000. (Author/SPG)
Descriptors: College Students, Federal Aid, Federal Legislation, Financial Support, Higher Education, Middle Class Students, Needs Assessment, Student Financial Aid, Student Needs, Tax Credits
College Board Publication Orders, Box 2815, Princeton, New Jersey 08541 ($2.00)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: College Entrance Examination Board, Washington, DC.