Thursday, August 24, 2006

Tax Breaks for College Benefit Wealthy

HOW THE FINANCIAL AID FLOWS
Annual federal study for first time documents impact of tax
breaks for college costs, which are larger for the wealthy than
for the poor.
Data in the new report show that tax breaks make up a relatively small share of student aid for low income students, but the majority of aid for wealthier students.

Student Financing of Undergraduate Education: 2003–04, With a Special Analysis of the Net Price of Attendance and Federal Education Tax Benefits

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