Tuesday, January 11, 2011

A Half A Million Dollar College Education?...


A child born in 2010 that begins kindergarten in the fall of 2015 would attend college between the years of 2028 and 2032

If that child attended an average private 4-year college and if the annual price increases for private colleges experienced over the last 30 years continued into the future, the aggregate 4-year cost of the child's college education (including tuition, fees, room & board) will total $506,423, or nearly $127,000 per year.

Source: College Board


   

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