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Bill May Increase Federal Financial Aid - Sep 27, 2007

IRS Reminds Students of "Tax-Advantaged Education Expenses" - Sep 20, 2007

California Students Get Relief, 2007-2008 State Budget Passed - Sep 13, 2007

Study Finds More Preparation Needed for Transition from High School to College - Sep 6, 2007

Spellings announces $12 million in grants for tribally controlled schools - Aug 30, 2007

Spellings Urges Colleges and Lenders to Comply with New Loan Rules - Aug 23, 2007

Senator Herb Kohl introduces bill to help students remain out of debt - Aug 16, 2007

Ithaka Advocates Online Publishing by Universities - Aug 9, 2007

President Bush Threatens to Veto Appropriations Bill for Departments of Education, Labor, and Health - Aug 2, 2007

Virginia launches six-year plan to align K-12 standards with university-level education - Jul 26, 2007

College Admissions Are Still Beyond the Reach of the Economically Underprivileged - Jul 19, 2007

New Hampshire University System Approves Tuition and Aid Increase - Jul 12, 2007

The Focus is Now on College Performance - Jul 5, 2007

Senators Urge Spellings to Refrain from Imposing New Accreditation Regulations - Jun 28, 2007

The College Cost Reduction Act of 2007 - Jun 21, 2007

Study Shows College Graduates Are More Religious - Jun 14, 2007

PHEAA Spends More Than $400,000 in Legal Fees to Cover Lavish Expenses - Jun 8, 2007

Study Shows Half of 2007 Graduates Have Jobs - May 31, 2007

Ohio Attorney General Takes Action Against Borrowers with Defaulted Loans - May 24, 2007

Edwards Announces New Plan to Eliminate FFEL - May 17, 2007

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IRS Reminds Students of "Tax-Advantaged Education Expenses"
By Surajit Sen Sharma

On September 11th, the IRS news release "Back-to-School Tax Breaks Help Teachers Pay Classroom Costs; Aid Parents, Students With College Tuition" stressed the importance of saving receipts and maintaining expense records to take full advantage of deductions on educational expenses and credits available on federal income tax returns for 2007.

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