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The Value of a College Education

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New information from the U. S. Census Bureau reinforces the value of a college education: workers 18 and over with a bachelor's degree earn an average of $52,106 a year, while those with a high school diploma earn $27,915. Workers with an advanced degree make an average of $74,602, and those without a high school diploma average $18,734. According to a new table released on the internet called Educational Attainment in the United States: 2004, 85% of those age 25 or older reported they had completed at least high school and 28% had attained at least a bachelor's degree, both record highs in our country.

If you have a student who will soon be entering college, talk to me. I have one in college right now and have gone through the process of applying for financial aid and exploring the alternatives to finance a college education. Actually, my financing plan is why I work-my family has chosen the pay-as-you-go route!

I also have knowledge of the various tax incentives for higher education expenses and the necessary requirements to take advantage of them. I can help you get your Form 1040 done in time to file the FAFSA, which is due by February 28th for most colleges and university financial aid applications.