The Child Tax Credit extension—hailed as a successful anti-poverty measure—expired this week, leaving parents without a source of income that they've depended on during the pandemic. Katherine Michelmore, associate professor of public policy, provided insight into the program's impact.
"[Children who grow up in families with higher incomes] tend to do better in school, they’re more likely to graduate from high school," she told AP News. "It might be 15 years down the road but there will be more cost savings in the future."
“It’s a moral question of do you trust families to make their own decisions,” Michelmore said.