Schools across the nation are getting back to business. For students, it’s a return to education after vacations, summer jobs, and other activities. For parents, grandparents, and guardians, “back to school” often means an outlay of cash. There are computers to upgrade, after-school activities to fund, and college planning to consider. The White House recently forgave $10,000 to student loan borrowers as part of a larger debt forgiveness program. Further Presidential or Congressional action isn’t guaranteed to future borrowers, underscoring the importance of creating a wise college strategy.
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This post is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax and accounting professionals before modifying your tax strategy in response to the White House actions. |
School's Back. Who is Paying for It?
August 31, 2022