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What Do You Do With Form 1098-T and 1099-Q?

Form 1098-T is a tuition statement that students receive from their college. It serves two primary purposes: Form 1098-T isn’t filed with your taxes; instead, you use the information to file and then keep it for your records. One important point about form 1098-T: it only shows tuition net of scholarships. Both education tax credits and 529 distributions have additional qualified expenses…

Free College

My son’s friend just graduated from Arizona State, without paying a penny. How? She works at Starbucks and through a combination of starting at community college and continuing with Starbucks College Achievement Plan, she was able to earn her bachelor’s degree for $0. She’s now working on her student teaching and expects to be a full-time teacher soon, all without…

Does It Matter Where You Go to College?

Every year, just before Thanksgiving, the coming year’s Rhodes Scholars are announced. In response, I pen a paean to the diversity of undergraduate institutions attended by America’s best and most promising students as a reminder that plenty of colleges– not just the Ivies– prepare students to compete at the highest levels. Year after year, colleges like Clemson, South Dakota State,…

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