Sharing College Costs After a Divorce
One of the most difficult issues facing divorced parents is financing the college education of a child. Since income which use to be available for one household must now support two, there is usually little opportunity to accumulate savings. Psychological issues often intervene between parents and their maturing children and unresolved anger from the divorce resurfaces. While it is nearly impossible to guarantee that both parents will contribute according to their financial ability, there are some strategies which will increase the likelihood that the child will receive financial help from [...]