| Author(s): | Dynarski, S., and Scott-Clayton, J |
| Title: | The feasibility of streamlining aid for college through the tax system |
| Source: | http://ksghome.harvard.edu/~SDynarski/DynarskiS... |
| Date: | 2006 |
| Organization: | |
| Short Description: | This paper describes the complexity of the aid system and shows how this complexity is a serious obstacle to both efficiency and equity. Using data from federal student aid applications, the authors argue that the benefits of complexity, in terms of improved targeting, are small. They propose a radically simplified aid process whereby Pell Grants are administered through the tax system. |
| Annotation: | This paper describes the complexity of the aid system, and applies lessons from tax theory and behavioral economics to show how complexity is a serious obstacle to both efficiency and equity.
Using data from federal student aid applications, the authors argue that the benefits of complexity, in terms of improved targeting, are small. They propose a radically simplified aid process whereby Pell Grants are administered through the tax system. |
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