Policy Impact Analysis - 117/HR/9331

Bill Overview

Title: ED ACCESS Act of 2022

Description: This bill repeals the prohibition against granting the American Opportunity Tax Credit to students with federal or state felony drug convictions.

Sponsors: Rep. Davis, Danny K. [D-IL-7]

Target Audience

Population: Students with federal or state felony drug convictions attending higher education

Estimated Size: 400000

Reasoning

Simulated Interviews

College Student (Texas)

Age: 22 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 15/20

Statement of Opinion:

  • Being able to access the American Opportunity Tax Credit would really help me manage my tuition costs better.
  • It feels great that my past mistake won't continuously hold me back from getting an education.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 8 5
Year 3 8 5
Year 5 9 6
Year 10 9 6
Year 20 8 6

Graduate Student (California)

Age: 24 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 10/20

Statement of Opinion:

  • The opportunity to claim the tax credit could alleviate at least some of my loan burden, which is really daunting.
  • This change feels like I'm getting a second chance at my education.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 7
Year 10 9 7
Year 20 9 7

Part-time Retail Worker and Student (New York)

Age: 21 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 18/20

Statement of Opinion:

  • This policy would have a huge impact because easing the financial load will allow me to concentrate more on my studies.
  • I'm hopeful but cautious about how smoothly this implementation will go.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 4
Year 2 7 4
Year 3 8 5
Year 5 8 5
Year 10 8 5
Year 20 8 5

Graduate Student, Paralegal (Illinois)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 8/20

Statement of Opinion:

  • This policy is long overdue. It directly affects how I can afford further education while supporting a family.
  • It's encouraging to see changes that acknowledge the reality of systemic issues.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 9 7

Full-time Student (Florida)

Age: 20 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 12/20

Statement of Opinion:

  • The proposed change is a sign of progress towards fair access to education.
  • The credit would definitely relieve some financial pressure, allowing me more time to focus on my studies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 6
Year 10 8 6
Year 20 8 6

Online Business Owner (Ohio)

Age: 28 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy is really crucial for students like me trying to make a fresh start and contribute positively to society.
  • Access to this tax credit would meaningfully reduce my financial strain.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 6
Year 10 9 6
Year 20 9 6

Freshman Student (Pennsylvania)

Age: 19 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 20/20

Statement of Opinion:

  • I'm at the edge of maximizing my educational benefit from family and external support. The tax credit would provide extra reassurance.
  • This is a positive step in supporting students facing similar challenges.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 9 7
Year 10 9 7
Year 20 9 7

Full-time Working Professional (Georgia)

Age: 26 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 11/20

Statement of Opinion:

  • Accessing the tax credit would be a huge relief, it's been overwhelmingly hard to manage work, family, and school costs.
  • This initiative could positively change the course for many students aiming to better their lives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 6
Year 10 8 6
Year 20 8 6

Veteran and Part-time Student (New Mexico)

Age: 32 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 2.0 years

Commonness: 6/20

Statement of Opinion:

  • The tax credit could seriously ease the transition and help further my education goals.
  • It's a step towards improving veteran support as well, particularly those with complex pasts.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 6
Year 10 8 6
Year 20 8 6

Science Educator (Washington)

Age: 29 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 4/20

Statement of Opinion:

  • Though I'm managing, the tax credit would provide some cushion and reassurance.
  • It highlights and supports the intersection between education, equity, and rehabilitation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 8
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $600000000 (Low: $400000000, High: $800000000)

Year 2: $600000000 (Low: $400000000, High: $800000000)

Year 3: $600000000 (Low: $400000000, High: $800000000)

Year 5: $600000000 (Low: $400000000, High: $800000000)

Year 10: $600000000 (Low: $400000000, High: $800000000)

Year 100: $600000000 (Low: $400000000, High: $800000000)

Key Considerations