Category Archives: College Expenses
Helping Your Child With College Costs
With spring right around the corner and summer to follow soon after, school-aged children are beginning to look forward to a long break. For many high school seniors, it is also a time to start making preparations for college or other types of post-high school education. Of course, this also means figuring out a way to pay for it. If you are the parent ofContinue reading
Divorced Parents and College Expenses, Part 2: Eligible Expenses and Your Child’s Responsibilities
Last week on this blog, we discussed the basics of the Illinois law that allows a court to require one or both parents to contribute to their child’s college expenses following a divorce. To summarize, college expenses for a couple’s child are essentially considered to be a financial matter between the parents in divorce, as long as at least one parent is willing to help the child financially. TheContinue reading
Divorced Parents and College Expenses, Part 1: Will You Have to Pay?
With the current school year now in full swing, many high school seniors are starting to look ahead to next year and their plans to attend college. To those who have never experienced it, planning almost a year in advance may seem unnecessary, but the college admissions process can sometimes take longer than people realize. In addition, it is never too early to start figuringContinue reading
Divorcing With Children: Future College Expenses
The children may be young now, yet all too soon they will be achieving high school graduation and looking at different colleges and universities to attend. In many situations, if biological parents are financially able to pay for the costs of their children’s college education, they have the responsibility to do so. The same is true regardless if the biological parents are married, divorced, orContinue reading
Your Child’s Rights to Support for College Expenses
With high school graduation season right around the corner, many students and their families will soon be faced with the challenges of paying for college. The rising costs of a college education have been making headlines for years now, with the average tuition more than 15 times what is was just 35 years ago. A quality education, however, is no less important, and, in fact,Continue reading
Educational Expenses Begin Before Enrollment in College
Throughout the current presidential election campaign, at least one candidate has prominently discussed making a government-funded college education available to each and every citizen in the country. While the importance of a solid education cannot be overstated, the continually rising costs of college are of tremendous concern to most American families. Whether or not the next president will actually be able to bring such aContinue reading
New Law Places Limits on Support for College Expenses
If you are currently paying child support pursuant to a court order, you probably expect that your obligations will be complete when your child turns 18 and/or graduates high school. While such an expectation is certainly reasonable, and even accurate in most cases, the state of Illinois may require you to continue providing support beyond age 18 for the purposes of assisting with educational expenses.Continue reading
Child Support and College Expenses
If you pay child support in Illinois, you are probably looking forward to the day that your child turns 18 or graduates from high school. Most likely, you recognize the need for your support obligation, but once your child is no longer a minor high school student, there certainly other things you could do with the money. Before making any plans for long-term investments orContinue reading