Partner Orrit Hershkovitz, quoted in a Kiplinger article, “Divorce: Who Pays for Education and How to Afford It,” points out that some divorce agreements limit the amount a parent is required to contribute toward a child’s college education. She explains that the “SUNY cap” is sometimes used in New York to limits a parent’s monetary college responsibility to the amount he or she would have to pay if the child attended a state-funded public school in the State University of New York (SUNY) system, as opposed to a private college. Orrit says that regardless of whether the divorce agreement includes such a limitation, it should specify whether both parents must consent to the selection of college and whether the parent paying child support is entitled to withhold his or her consent to a child’s attending a private college. Orrit explains that an agreement’s silence as to either issue could have financial consequences for the parents. To read the entire article, please click here.