Gifting college to your grandchild

Mary Kane •
Kiplinger
college

Back in the late 1960s, when many of today’s grandparents were heading off to college, tuition was measured in the hundreds of dollars. A semester at the University of Iowa cost in-state students $185 in 1968. That same year, Harvard students were shocked by a 20% hike in tuition…to $2,400 a year. This year, the

Read More...


Don’t overlook these tax credits for college

Kimberly Lankford, Contributing Editor, and <i>Kiplinger's Personal Finance</i> •
Kiplinger
Concentrated college student drawing on paper

I’ll have two children in college this year – my daughter is starting her junior year, and my son will be a freshman. Can I take the American Opportunity Credit for expenses for both of them?   Yes, as long as you meet the income requirements. The American Opportunity Credit is worth up to $2,500

Read More...