3 ms·
Low tier college should be about $10k a year and that's assumimg you don't do 2 years a community college. You shouldn't live on campus if you're price sensiti
by learc83 7y ago
Low tier college should be about $10k a year and that's assumimg you don't do 2 years a community college.
You shouldn't live on campus if you're price sensitive. And you cant include room and board in your calculations because you'd need that anyway.
7% annual returns are also misleading because it ignores inflation. Edit--I've since learned that 7% average already adjusts for inflation.
- everdev 7y ago7% is adjusted for inflation. It's about 10% without: https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp https://www.investopedia.com/ask/answers/042415/what-average...
- pedrosorio 7y ago> 7% annual returns are also misleading because it ignores inflation. "One of the major problems for an investor hoping to regularly recreate that 10% average return is inflation. Adjusted for inflation, the historical average annual return is only around 7%." https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp https://www.investopedia.com/ask/answers/042415/what-average...
- asdff 7y agoIt doesn't have to be conflated to low tier, state schools are around there as well and cheaper with aid or scholarship. CSU schools are typically pretty cheap considering the areas they are in.