- Higher Education
- K-12 Education
As part of the deal to avoid the fiscal cliff, the expiring American Opportunity Tax Credit (AOTC) was extended through 2017. This is unfortunate for three reasons.
First, while the AOTC is too new to have an academic literature yet, its close cousins, the Hope and Lifetime Learning Tax Credits have been studied, and have been found to be ineffective. As Bridget Terry Long found