Tax benefits for education don’t increase education

Here’s evidence of a government program that, undoubtedly, was started with good intentions, but hasn’t produced the intended results.

Tax season ended last week. Taxpayers have filed for over $30 billion in credits and deductions for college expenses they paid in 2017.

Evidence now clearly shows that these credits have zero effect on college attendance. The tax credits surely make those who get them better off, but they do nothing to increase education. If their intent is to increase schooling, they are a failure.

Continue reading at The Brookings Institution article The tax benefits for education don’t increase education.

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