Subscribe to this list via RSS Blog posts tagged in divorced parent college expenses

Wheaton child support lawyer for college expensesIn almost every situation in which a child’s parents are separated, both parents are obligated to contribute financially to the child’s regular needs through child support. This includes expenses related to the child’s K-12 education, but it does not necessarily include expenses related to college or post-secondary education. For this reason, Illinois has special provisions in place that may require both parents to contribute to their children’s higher education even after they have reached the age of 18. As a parent, it is important to be aware of what you might be required to pay.

Calculating College Expenses in Illinois

In most cases, tuition and housing are the largest expenses associated with a college education. According to U.S. News and World Report, the average cost of tuition and fees in the 2019-2020 academic year was $10,116 for in-state students and $22,577 for out-of-state students at public schools, and $36,801 for students at private schools. The cost of room and board varies significantly depending on the college or university, but average costs in recent years come in at around $10,000 annually.

When ordering separated parents to contribute to college expenses, Illinois tries to keep costs manageable by requiring parents to pay, at most, the cost of tuition, fees, and room and board for an in-state student at the University of Illinois at Urbana-Champaign. For the 2020-2021 school year at the University of Illinois, tuition and fees are estimated to be between $17,000 and $22,000, and room and board is estimated at around $12,000. Actual expenses for parents could be less if their children are attending a school or educational program with lower costs.

...

Posted on in Divorce

Wheaton, IL divorce attorney for child college expensesThe price of a college education these days can exceed six figures for a four-year degree. According to the College Board, the average cost of tuition and fees in 2017–2018 was $34,740 at private colleges, $9,970 for in-state students at public colleges, and $25,620 for out-of-state students at public universities. Those figures are for one year, and they do not include post-graduate degrees. Considering the expense of a college education, it is essential for parents who are getting a divorce to understand their options when determining who will pay for these costs.

Illinois Divorce Laws

The law states that parents may be required to contribute to the education of the child “as equity may require,” which means a fair division of the expenses. In the majority of divorces, the two parties create a written settlement agreement. This agreement typically, but not always, states how the parents will contribute toward their child’s educational costs. In many cases, the major considerations are:

  • the parents’ incomes

    ...

Recent Blog Posts

Categories

Archives

Wheaton Office

400 S. County Farm Road
Suite 200
Wheaton, IL 60187

630-871-1002

Oswego Office

123 W. Washington Street
Suite 334
Oswego, IL 60543

630-518-4002

Chicago Office

Appointments Available

Contact Us