The Cost of College

Hard Truth Alert: For most middle class or wealthier families, college will cost a fortune and tuition will increase faster than the yearly rate of inflation. A decent college option for your child costs a minimum of $25,000 per year, before any merit or financial aid. Since schools only keep 6 year graduation rates, we follow their assumption that it will take 6 years to matriculate. The cost is $150,000 for those 6 years. Your investment, however, is not for the 6 years but also for the additional 40 years of work your child most likely will put in. The math will tell you that the investment for those 46 years works out to be approximately $9.00 per... Read More »