Reply to Speculate please - cost of college 18 years from now

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[quote=Anonymous]I'm in this industry too. My guess is $100k/year, which will be 2-3x the rate of inflation over the period.

Sadly, most of the new spending goes on items not directly related to education, like new stadiums and student centers. Tour any college campus, and you can pretty much guarantee you'll find at least one new building/renovation project in progress. It never stops.

For the best of the best (top 50 schools), the market will bear this as the name is too valuable. One strategy they use now is more recruiting of foreign students. As they are not US citizens/permanent residents, they are ineligible for nearly all financial aid = they pay full tuition. The Chinese are now #2 group of foreign uni students in the US (India is #1), and I expect they'll surpass them soon.

Below top 50 is a different story. I've already started to see universities marketing based on value, and we'll definitely see more of this. Prices will still go up, but not at multiples of the rate of inflation.[/quote]

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