The American Opportunity Tax Credit (AOTC), enacted as part of the American Recovery and Reinvestment Act, was signed by the President in February 2009. The same law mandated that a study be undertaken by the Secretary of the Treasury and the Secretary of Education, to examine 1) how to coordinate the AOTC with the Federal Pell Grant Program to maximize their effectiveness; 2) how to expedite delivery of the AOTC; and 3) whether it was feasible to...
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