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July 2018

Sales of Student Personal Data

Ever wonder why your student is bombarded with not just college information but invitations to high-priced “leadership” camps or “honor societies” or test prep and college counseling services? This article explains what the College Board, the ACT, and other organizations– including colleges who buy the data– do with your student’s info if they complete the voluntary surveys. As the article…

Application Deadlines

I just returned from a cross-country trip to visit colleges with my daughter, who’s a rising senior. It was a great trip– informative and enlightening, plus a wonderful opportunity to spend some quality time with her. We visited so many schools we joked that we should have made tour t-shirts– seven “official” tours and two visits on our own. According…

What’s a Qualified Expense?

Qualified expenses (QHEE’s) are expenses that are eligible for some form of tax benefit such as the AOTC or a tax- and penalty-free distribution from a 529 account. Sounds simple, right? Let the fine print begin! Not all “qualified expenses” qualify for all purposes. And of course the most important rule of claiming education tax benefits: You can’t double-dip. That means…