Consider expenses beyond the sticker price to determine what a higher education will really cost.
Consider expenses beyond the sticker price to determine what a higher education will really cost.
Calculation of need-based aid involves many factors, including 401(k) and IRA contributions.
Unless your child qualifies for financial aid, admission to a top school means you'll be paying full freight -- merit-based financial aid is gone.
Plus a primer on the increasingly complicated financial aid and application processes.
With the $2,500 American Opportunity Tax Credit's phaseout now at $180,000 of modified adjusted gross income, more parents are eligible. But claiming it requires coordination with distributions from 529s and education savings accounts.
