How Much will College Cost?
The price of attending college  be it a 2 or 4 year institution  is rising at a fast rate. Here's a
look at how much you can expect for your son or daughter to attend college.
4 Year Public School  in State
The current average instate tuition is around $13,000. Assuming 7% college cost inflation, you can expect
to pay:
 $81,000 if you start college in 5 years
 $114,000 if you start college in 10 years
 $195,000 if you start college in 18 years
4 Year Public School  Out of State
The current average cost for outofstate tuition to a public university is $19,000. Assuming 7% college
cost inflation, you can expect to pay:
 $118,000 if you start college in 5 years
 $166,000 if you start college in 10 years
 $285,000 if you start college in 18 years
4 Year Private
It costs about $28,000 a year to attend the typical private university. Assuming 7% college cost
inflation, you can expect to pay:
 $174,000 if you start college in 5 years
 $245,000 if you start college in 10 years
 $420,000 if you start college in 18 years
So how much do you have to save each month? It depends on how much you expect to earn from your
investments, and also how much college costs continue to rise. Historically, college costs have risen 5% to
8% per year.
For a better idea of how much to save, consider contacting a financial
advisor.
