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I don't understand this sentiment. In-state tuition for state school in still only around $15,000 a year. Assuming your children get no financial aid and take o
by jhedwards 7y ago
I don't understand this sentiment. In-state tuition for state school in still only around $15,000 a year. Assuming your children get no financial aid and take out zero loans, you still only need to have $60k saved for four years. That's not much more than it was when I went to college fourteen years ago.
- brewdad 7y agoTuition is only about half the cost of attendance at most state schools. Room and board, books, living expenses. I would expect the total price tag to be at least $25,000/yr at a school like your example.
- vkou 7y agoAdd $800-1000/semester in must-buy-brand-new-because DRM books, a mandatory meal plan, enrollment fees (That all active students pay, regardless of their course load), mandatory dorm housing, and you'll be hitting $35,000/year. Meanwhile, my entire education (5 years, 144 credit hours, compared to the usual 4/120) cost me ~$32,000... In Canada. I didn't live in a dorm, didn't buy a meal plan, and paid for pretty much all of it over two summer internships, and one fall one.