Check out this list of qualified education expenses.
Student loans are one of the top three common sources of debt for many Americans. In fact, NPR reports Americans have about $1.3 trillion in student loan debt alone. That’s a scary figure! The reality of the debt situation is troubling for a number of reasons. Chief among them? The fact that many of those borrowers […]
College can be expensive, but the IRS offers a number of tax benefits for college students to make higher education more affordable for more Americans. Whether you’re a parent of a college student or paying your own way through school, here are 10 important things to know about college and taxes:
Should you save for your kids’ college education in your own accounts, or put college savings in each child’s name? Getting started saving for college can seem daunting. You have to decide how to save, how much to save, and how to invest. You may choose a tax-deferred plan or any other investment. Before you […]
Before venturing off to college, filing a FAFSA (Free Application for Federal Student Aid) is a necessary step in order to qualify for federal student aid. The FAFSA (Free Application for Federal Student Aid) is administered by the Federal Student Aid, an office of the U.S. Department of Education. This office provides more than $150 billion in […]