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Direct linkHannah Acheson-Field – Society for Research on Educational Effectiveness, 2023
In 2008, Maine implemented the Educational Opportunity Tax Credit (EOTC), a tax credit that repays up to $4,400 of student loan debt to filers who live in Maine, work in Maine, are paying towards their student debt, and who have an eligible degree. In 2019, Maine Revenue Services (MRS) provided 14,341 EOTC tax credits to 19,798 people, with annual…
Descriptors: Educational Policy, State Policy, Educational Opportunities, Tax Credits
Elliott, William; Chan, Monnica; Poore, Anthony – New England Journal of Higher Education, 2015
Education provides one of the best opportunities for American children to build the capacity to climb up the economic ladder. It has even been called the "great equalizer" in American society. In today's tightened labor market, providing equal access to postsecondary education is more critical than ever. The Georgetown Center on…
Descriptors: Debt (Financial), Economic Impact, Educational Attainment, College Outcomes Assessment
