Tax credits you might be eligible to claim If you do not normally file a federal tax return, you might consider filing this year. Congress continued the federal income tax credit available to students and their families with tuition and other eligible college related expenses. If you are claimed as a dependent on another person’s
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Student Loans Are Too Expensive To Forgive Late last year, graduate students watched as legislators in the House debated giving them a hefty new tax bill: A version of the GOP tax plan proposed to treat tuition waivers as taxable income. Although that plan was later dropped, Congress is once again considering legislation that could
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What to Do When You or Your Parents Can’t Afford College It’s no secret that going to college is expensive. With tuition on the rise, many people think higher education is simply out of reach. According to the U.S. Department of Education , 33% of high school juniors said they believed that college was unaffordable.
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