Tax deductions can be classified into those above the line, which are beneficial to the taxpayer regardless of income, and below the line, which are only valuable to the extent that they exceed the standard deduction amount of the taxpayer, which in 2014, for example, was $6,200 for a single taxpayer.
Program Cost. The average cost of a masterâs degree is between $30,000 and $120,000. The cost varies on the degree program and the school providing the degree.The average cost for an MBA degree is $40,000 per year or $80,000 for two years. Typically, a student can pay less if they pay in-state tuition at a public university.rogram Cost. The average cost of a masterâs degree is between $30,000 and $120,000. The cost varies on the degree program and the school providing the degree.
1 A master's degree program in education typically costs $12,000-$74,000. 2  For example, the Master of Education at University of Washington Bothell costs $26,200 for residents or $52,000 for non-residents. Licensing fees for teachers are typically $35-$200, and this fee must be paid after passing any required tests and meeting additional licensing requirements. 2  For example, the Connecticut initial education certificate costs $200.