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The Cost of Complexity in Federal Student Aid: Lessons from Optimal Tax Theory and Behavioral Economics. Faculty Research Working Papers Series. RWP06-013
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Dynarski, Susan; Scott-Clayton, Judith – Program on Education Policy and Governance, Harvard University, 2006
The complexity of the federal tax code has been the focus of reform efforts for decades, and has received considerable attention in the economic literature. The federal system for distributing student financial aid is similarly convoluted, yet has received relatively little attention from economists. For the typical household, the aid application…
Descriptors: College Attendance, Student Financial Aid, Paying for College, Taxes