College students that make less than $40/hour after taxes yet pay exactly $4000 in taxes.

The credit is fully refundable, so it amounts to getting paid $40/hr for a make-work project.

I wonder if there are going to be limitations on that... I could definitely be a student for a few more years if it meant I got paid $40/hr to do what I'd normally volunteer to do anyway.

Fully refundable, meaning you get a check back from the government if you aren't paying enough taxes? Awesome, I can't wait for the handouts to begin.

Yep. It's a giant $40/hr work-study program. Considering my university only paid work-study kids about $6/hr, this will obviously be very popular.