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[quote=Anonymous][quote=Anonymous]Considering college is not 100K a year at 16 colleges and it has been doubling every ten years, the average new born kid could be spending up to 1.6 million for tuition each kid.

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It's doubtful that this trajectory will continue, because the enrollment in so many years will also be a lot lower, and there will be not as much competition with fewer kids graduating each year.  Schools may will have to cut tuition or offer special packages to more kids to remain relevant or even stay open.   It's already reached the top of what people can possibly afford, so right now even UMC families are looking for the alternatives to costly colleges. I am guessing in another few years the entire paradigm of bankrolling your kid through private college and letting them have a good time on-campus for 4 years to get a degree that doesn't guarantee a living wage job is going to start fading away.

There will be more class separation with the truly wealthy buying what will become an "exclusive" experience for their kids and then bankrolling them through life and everyone else (who has to work for a living, even in professional job class) trying to find their loopholes to cut costs and extract value from education system beyond a standard 4 year diploma or a name of the school.[/quote]

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