I was recently interviewed on the issue of college expenses for children in divorce cases for the “Legal Corner” of the Ladue News.
In the article, I commented as follows:
In the best of scenarios, … parents agree to work together with their children to determine how to plan and save for this major life expense….
When today’s divorced parents go to court over college costs in Missouri, the judge orders mom and dad to pay percentages based on their respective incomes and resources, and the child has no financial responsibility…. However, each parent’s annual share cannot exceed about $10,000—half of the approximately $20,000 in-state tuition, books, and room and board for the University of Missouri.
Click here to read the full article … Ladue News