May 25, 2001
Hope Tax Credit Has Not Opened College to the Poor, Report Says
The federal Hope tax credit has failed to expand access to higher education for students from low-income families, according to a report released last week by the Institute for Higher Education Policy.
The report was criticized by some higher-education officials, who insisted that the tax credit is meeting its primary goal: providing financial assistance to middle-income students.
The Hope tax credit, championed by President Bill Clinton and enacted in 1997, is worth up to
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