Tag

Given the skyrocketing cost of higher education, fewer and fewer families can afford college without some form of financial assistance. For many students, loans are what make the difference between attending college and not. But it’s important to plan these loans carefully to...

There are also some non-tax-law provisions that allow student loan borrowers to exclude cancellation of debt (COD) income when the U.S. Department of Education discharges federal student loans. For this purpose, federal student loans include federal Family Education Loans,...

If your college-age child is or will be receiving financial aid, congratulations. Now, you’ll probably want to know if the financial aid is taxable. Keep in mind that the economic characteristics of college financial aid, rather than how it is titled, will determine its...