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College and University Discussion
Reply to "Just calculated projected college costs for my kid and almost vomited"
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[quote=Anonymous][quote=Anonymous]To be clear to folks questioning the projections: They aren't mine. Of course they might be wrong, but they assume a 5% per year increase, which Vanguard said is roughly what's been happening in recent years.[/quote] The Vanguard estimate is correct. Tuition has increased by about 5 percent a year for the past 30 years. I have done this calculation myself when my kids were young and now are approaching college age. It is outrageous. College reform (and health reform) is desperately needed. Nowhere in the world are education costs this high. [/quote]
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