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In the past, you could deduct college expenses using the Tuition and Fees Deduction. But this deduction was phased out in 2020, and instead there are several college credits that have expanded.
The tuition was $5,500 a year, which is a lot of money for most parents. But the teachers were paid less than public school teachers – so it's not about money at the teacher level. I asked the state treasurer that year what California pays on average to send kids to school, and I believe it was $4,400.
Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52] In the 2012 fiscal year, state and local financing declined to $81.2 billion, a drop in funding compared to record-high funding in 2008 of $88 billion in a pre-recession economy.
According to a recent Harris Poll for Bloomberg, approximately 45% of 18- to 29-year-olds are still living with family. It's likely that economic challenges are driving at least part of this trend,...
I'm not quite an empty nester, but my first child just left for college. Here's how we're handling the transition with our other kids. After my oldest of 3 went to college, the house felt different.
Open House Day 2014 at European Southern Observatory [1]. An open house (also known as open day, at-home day, or parents night) is an event held at an institution where its doors are open to the family of students to allow people to look around the institution and learn about it.
Most states that close their prepaid tuition plans now administer other education savings plans instead. In Texas, the TGTP was replaced by a new prepaid plan in 2008. The Texas Tomorrow Fund will be reopened for new enrollment under a new name: [5] The Texas Tuition Promise Fund, which replaced the Texas Guaranteed Tuition Plan in 2008. [6]
Here are the struggles of moving back home after college. 1. You become way too family oriented. Nothing's wrong with a little family time, but when you spend 4 years living with your friends and ...