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Qualified Higher Education Expense

What is 'Qualified Higher Education Expense'

Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post-secondary institution.

Explaining 'Qualified Higher Education Expense'

These expenses are important because they can determine whether or not you can exclude the interest off of a qualified savings bond from your taxable income.


Further Reading


Higher Education Finance and Accessibility: Tuition Fees and Student Loans in Sub-Saharan Africa.
brill.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …

Private higher education in China: access to quality higher education and the acquisition of labour market qualifications by low-income studentsPrivate higher education in China: access to quality higher education and the acquisition of labour market qualifications by low-income students
www.tandfonline.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …

'Whither Higher Education?'An Economic Perspective for the Dearing Committee of Inquiry'Whither Higher Education?'An Economic Perspective for the Dearing Committee of Inquiry
academic.oup.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …

The equity challenge in China's higher education finance policyThe equity challenge in China's higher education finance policy
link.springer.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …

Economics of education: A reviewEconomics of education: A review
www.sciencedirect.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …

The finance of higher educationThe finance of higher education
books.google.com [PDF]
… may still be admitted for a fee, maintains a kind of fiction of free higher education even though most young people, even if academically qualified, will never … rest of the United Kingdom, according to the government's 2003 white paper, (Department of Education and Skills …



Q&A About Qualified Higher Education Expense


How much has average published tuition increased over time at private non-profit universities?

Published tuition at private non-profit universities has increased by 98% since 1991.

What is a savings bond?

A savings bond is a type of fixed income security issued by the U.S government that promises to repay its value in full at maturity with interest payments along the way.

How much has average net price increased over time at private non-profit schools?

Net price at private non-profits schools has only risen 17% from 1991 to 2017. This is because most schools have offered more in student aid to offset rising prices.

Why did Jeffrey Selingo criticize American Universities for losing sight of how to contain costs?

He criticized American Universities for losing sight of how to contain costs because they were spending too much money on unnecessary amenities such as luxury dining facilities or lazy rivers similar to ones found in amusement parks .

Who can claim the qualified higher education expense?

The person who pays for the qualified higher education expense can claim it.

What does he believe should be done ?

He believes that colleges should focus less on building extravagant new buildings and instead focus more on containing costs .

How much has average net price increased over time at public universities?

Net price at public universities has increased by 77% since 1991.

What is a qualified higher education expense?

Qualified higher education expenses are expenses such as tuition and tuition related expenses that an individual, spouse or child must pay to an eligible post-secondary institution.

What are some of the costs that students and their families may have to pay for college?

Some of these costs include tuition, room and board, textbooks and supplies, personal expenses, and transportation.

How much has average published tuition increased over time at public (4-year) universities?

Published tuition at public (4-year) universities has increased by 178% since 1991.

What is tax exempt interest on bonds issued after 1989?

Tax exempt interest on bonds issued after 1989 refers to any interest earned on Series EE or I Bonds that was not subject to federal taxes because it was used towards college costs.

Who was Jeffrey Selingo criticizing specifically ?

Jeffrey Selingo was criticizing American Universities in general .

How does paying for the qualified higher education expense affect your taxable income?

If you pay for your own qualified higher education expense, you may be able to exclude some of the interest from your taxable income.