Taxes and Education

The Latest

  • September 9, 2013

    Considering the rising cost of education, the earlier you start your college savings plan, the better. And 529 plans are one powerful tax incentive to aid families in their ability to finance their kids' advanced schooling. So let's get down to...

  • August 30, 2013

    If you already have a college degree and want to continue your education, then you have a choice when it comes to the form of your education tax break...

  • June 27, 2013

    As the cost of education rises – and with it student-loan debt – prospective students are looking to spread out the cost of their education among as many individuals and entities as possible.

    Tuition support from employers can be a great...

  • March 12, 2013

    March is a gut-wrenching month for high school seniors waiting for college acceptances ... and for their parents awaiting financial aid awards. But another spring ritual plays into all this and can take the edge off: tax time.

    Whether you...

  • March 6, 2013

    NEW YORK (MainStreet) — The U.S. tax code contains several ways to claim a tax benefit for the cost of “post-secondary” education for you, your spouse or your dependent children.

    The...

  • March 3, 2013

    NEW YORK (MainStreet) — You can claim up to $2,500 in interest paid on qualified student loans used to pay for post-secondary education — college or vocational school — for yourself, your...

  • February 27, 2013

    The tax code provides several ways to defer or avoid taxes while saving for your child’s education.

    For parents or grandparents of newborns or young children, perhaps the best way to save for their college education is with a Qualified...

  • February 13, 2013

    Coverdell education savings accounts have never really drawn many headlines, even when unexpectedly saved from extinction as part of Washington's "fiscal cliff" deal.

    Much like the 529 college savings programs that are familiar to many...

  • December 11, 2012

    U.S. student debt levels are surging but along with degrees and skills the loans are producing perverse incentives and unforeseen economic consequences.

    Consumers upped their debt by a seasonally adjusted $14.2 billion in October, driven...