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Zalatix

(8,994 posts)
Wed May 30, 2012, 02:35 PM May 2012

College Tuition in 18 years from now: $130K A YEAR private, $41K a year public [View all]

http://finance.yahoo.com/news/college-tuition-look-18-years-131235673.html

What College Tuition Will Look Like in 18 Years
By Stephanie Landsman | CNBC – 6 hours ago

It's not just the nation heading for a fiscal cliff.

Soaring education costs could end up rupturing your nest egg-and bring your child to the brink of bankruptcy before he even gets his first job.

Even the top one percent may get a panic attack from the latest projected tuition rates.

Campus Consultants Founder and President Kal Chany figured out what college will likely cost by 2030 based on inflation rates. He wrote the book "Paying for College Without Going Broke."

The findings? In 18 years, the average sticker price for a private university could be as much as $130,428 a year (See chart.) The situation isn't much better if you go the public route. Sending your child to a state university could set you back at least $41,228 a year.
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I remember when my youngest was born and they were predicting pnwmom May 2012 #1
goodbye, America, it was nice to have known you renate May 2012 #2
2012 costs for the University of Illinois, a public school, in-state tuition is $30,000. riderinthestorm May 2012 #3
So why does this drop like a stone, especially when student loan debt is such a hot issue on DU? riderinthestorm May 2012 #4
I haven't the foggiest. Perhaps you have a pretty solid point. Zalatix May 2012 #5
There's a solid contingent of DUers who blame the students riderinthestorm May 2012 #6
"they should have simply cashed in their stock portfolios...."? We'll get there in due time. Zalatix May 2012 #8
This one baffles me too. Puzzledtraveller May 2012 #10
Like housing costs. sendero May 2012 #7
We've hit that point several times over with college. The problem is this. Zalatix May 2012 #9
We'll. sendero May 2012 #22
Most higher education will not be done by colleges and universities as we know them FarCenter May 2012 #11
Teach to the test. Hooray. What exactly will people actually LEARN??? Zalatix May 2012 #12
I'm starting to think that open source educational software should be developed.. Fumesucker May 2012 #15
Free or low-cost courses are starting to be delivered FarCenter May 2012 #18
Florida State is working on some low-cost online course content that would make them Gidney N Cloyd May 2012 #19
A lot of it is "value pricing" the credential represented by a degree from college XYZ FarCenter May 2012 #20
The tests ensure that students watched the lectures, did the exercises and studied the materials FarCenter May 2012 #16
In my day, colleges also had projects which encouraged some level of innovation, too. Zalatix May 2012 #17
Once the mind/computer barrier is overcome we'll just access the needed skills electronically.. Fumesucker May 2012 #13
My stomach just dropped for my kids and their future children merbex May 2012 #14
I really believe that my family's next generation will be the first ceile May 2012 #21
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