What is the Hope credit - college tuition?

Colleges & Universities University of Southern California
1

<p>Anyone know what is the Hope credit?</p>

2

<p>[Publication</a> 970 (2007), Tax Benefits for Education](<a href=“http://www.irs.gov/publications/p970/ch02.html]Publication”>http://www.irs.gov/publications/p970/ch02.html)</p>

<p>Phases out above $150k or so</p>