Some Tax Help for Struggling Tuition-Payers

The just-passed Obama stimulus package carries at least one glimmer of hope for cash-strapped parents of college students: a new $2500 tax credit, raising the current tuition tax writeoff to $4000. Just a drop in the bucket, when you consider that tuition at most public universities now run $17,000+ and prestigious private schools can top $50,000, but still, it's something.

Details are currently a bit sketchy, but you can learn a bit more here.