News & Articles

How Much Does It Cost to Raise a Child? Plenty!

Posted on Fri, Sep 05, 2014

Back-to-school shopping is just one example of how expensive it can be to raise a child. Today's youngsters want more than pencils and gym shoes to start the school year. Kids also expect (and often get) cell phones, personal computers, and designer jeans. The costs continue to mount as you sign up your children or grandchildren for after-school care, piano lessons, Boy Scouts and travel soccer -- not to mention holiday expenses and spring break vacations. It's no wonder most modern households require two incomes to stay afloat!

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Tags: EHTC Article, IRS, Newsletter, Articles, Taxes, Child expenses, Costs, Education costs, Expenditures

Managing the High Cost of Higher Education

Posted on Wed, Jun 18, 2014
  Higher education is the key to a brighter future -- but the cost of pursuing undergraduate and graduate degrees is more than many Americans can afford. The cost for one year of tuition and fees varies widely among colleges. The average cost of tuition and fees for the 2013-2014 school year was $30,094 at private colleges, $8,893 for state residents at public colleges, and $22,203 for out-of-state residents attending public universities, according to the College Board.
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Tags: EHTC Article, student loans, Section 529 Plans, Education Credits, Higher Education, Articles, Education costs, Financial Aid