UM: College Tax Credit

The Lansing State Journal reports on a proposal by Gov. Jennifer Granholm to replace the Michigan Promise Scholarship with a $4,000 tax credit. The article quotes Susan Dynarski, a UM professor of education and public policy: “If the goal is to ease the sting of college costs or reward students for good academic performance, then the tax credit is a good solution. If the goal is to get more students into college, the evidence indicates a tax credit won’t do the job.” [Source]