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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNew parents, this is how much college will cost in 18 years
Think college is expensive now? Then new parents will probably want to take a seat for this news.
In 2036, 18 years from now, four years at a private university will be around $303,000, up from $167,000 today.
To get a degree at a public university you'll need about $184,000 in 2036, compared with $101,000 now.
These forecasts were provided by Wealthfront, an automated investment platform that offers college saving options. It uses Department of Education data on the current cost of schools along with expected annual inflation to come up with its projections.
https://www.msn.com/en-us/money/careersandeducation/new-parents-this-is-how-much-college-will-cost-in-18-years/ar-AAwTccx?li=BBnbfcL
kimbutgar
(21,130 posts)When I went there in the late 70s it was about $2000 for one year which was the dorm,books, fees and personal expenses. I worked part time and paid for my tuition, books and personal expenses. My parents paid the $1500 for dorm. This was a state university.
It is so sad that people have to get in a life long debt to get higher education. Its a disgrace that our country will fall behind in educating its youth. Other foreign countries invest in their youth. We are quickly sliding into a fallen nation.
procon
(15,805 posts)Matthew28
(1,797 posts)what our colleges our doing to people. Greed.
49jim
(560 posts)in the fall of 1967 (Suffolk Community College, Selden NY)....15 credit hours....books....fees....$ 195.00