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Let the IRS Help Pay for Your Higher Education

The cost of an education has never been higher. But by taking advantage of some tax benefits, you can at least put a small dent in some of those bills. Which of that complicated menu of tax benefits applies to you? DailyFinance breaks it down.

Tax breaks for college expenses

Here's a scary statistic: The average cost of a private, four year college is $26,273, an increase of 4.4% from last year. That works out to more...

Common tax credits explained

Tax credits are popular ways to reduce your overall tax burden. Credits are dollar for dollar reductions in the amount of tax due, so it's a pretty...