<p>There seems to be a fixation on marginal tax rates in this decision. I know it is classic economic theory to look at marginal tax rates, but there are so many other financial considerations in the real world. </p>
<p>Such as 1)qualification for Social Security Benefits, 2)ability to obtain a pension or 401(k) savings, 3)the extra money available once the college bills are paid. </p>
<p>And if the “system” for getting grants/scholarships for college is that capricious, wouldn’t you want to opt out of it and do it on your own if you had that option?</p>