Tax & Sports Update

How to Pay for College: Tax Savvy Tips for Parents

Posted by Joseph B. Darby III on Oct 16, 2018 3:50:11 PM

Once upon a time, a college degree was a true bargain: Four years of tuition cost about the same amount as a fancy new automobile, and pretty much set you up for life. Today, the price of that same college degree has sky-rocketed: The full-in cost of a college degree is now closer to the cost of a new house, and the size of the student loan has grown from a car loan to a mortgage. Every parent still wants to send a child to college, but the affordability factor is daunting and getting worse. Fortunately, there are smart, savvy ways to manage the looming costs of college – but they are not necessarily intuitive or easy to identify.

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Topics: Saving for College, Tax Planning

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