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American Opportunity Tax Credit & Pell Grant Program: Analyses of Education Assistance (Education in a Competitive and Globalizing World)

Education

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Description

The American Opportunity Tax Credit (AOTC) is a temporary tax provision that provides financial assistance to taxpayers whose children (or who themselves) are attending college. The AOTC is scheduled to expire at the end of 2017, at which point Congress may allow the provision to expire, extend the provision in its current form, or extend a modified version of the AOTC. In light of increased congressional interest in reforming the tax code, policy makers may choose to consider modifying the AOTC in conjunction with other education tax benefits. This book provides both an in-depth description of this tax credit and an analysis of its economic impact. This book also reviews how the Pell Grant program works and provides an analysis of recent program costs and funding, recipients (numbers and characteristics), and the role the program plays in the distribution of federal student aid. In addition, this book highlights some of the current legislative issues pertaining to the program.

Product Specifications

Format: hardcover
ASIN: 1634630009
Category: Books > Subjects > Reference > Other Reference By Subject > Education
Domain: Amazon UK
Release Date: 01 December 2014
Listed Since: 29 August 2014

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American Opportunity Tax Credit & Pell Grant Program: Analyses of Education Assistance (Education in a Competitive and Globalizing World)

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