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Tax credits not the best way to help students

There are a number of ways to make current system of tax breaks fairer, more effective, analysts say

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When most people think about the ways that governments help to subsidize the cost of attending college and university, they think of student loan and grant programs. But it is the variety of federal and provincial tax credits directed at post-secondary students and their families that have payday loans Alabama actually ended up doing more of the heavy lifting.

Tuition, education and textbook tax credits cost the federal treasury about $1.6 billion in 2012 – more than twice the net cost of the Canada Student Loans Program, for instance. (más…)