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Retirement Planning Associates

THE COST OF EDUCATION

Name of Institution Average
Annual Cost
1973-1973
Annual Cost
1994-1995
Annual
Increase
       
Arizona, University of 2,040 11,170 8.0%
Baylor University 2,044 11,658 8.2%
Colorado, University of (Boulder) 2,971 15,934 7.9%
Cornell University 4,585 25,214 8.1%
       
Denver, University of 3,750 20,217 8.0%
Duke University 3,660 24,660 9.1%
Harvard University 4,745 26,230 8.1%
Indiana University (Bloomington) 2,500 12,920 7.8%
       
Massachusetts Inst. of Tech 4,816 26,075 8.1%
Michigan State University 2,628 14,728 8.1%
Michigan, University of (Ann Arbor) 3,,375 19,627 8.3%
Nebraska, University of (Lincoln) 2,201 8,348 6.6%
       
Northwestern University (Illinois) 4,250 21,924 7.7%
Oklahoma, University of 1,975 9,517 7.4%
Oregon, University of 2,497 12,818 7.7%
Pennsylvania, University of 4,550 26,126 8.3%
       
Purdue University (West Lafayette) 2,740 13,841 7.6%
Seattle University 2,505 17,715 9.3%
Smith College 4,120 25,373 8.6%
Stanford University 4,210 25,464 8.5%
       
Syracuse University 4,116 22,345 8.0%
Tennessee, University of (Knoxville) 2,330 9,384 6.5%
Tulane University 3,555 25,500 9.4%
Vanderbilt University 3,664 24,674 9.1%
       
Virginia, University of 2,589 16,054 8.6%
Yale University 4,750 26,350 8.1%

Annual cost figures include tuition, room and board only. Costs for students who are state residents may be less.

Education cost data obtained from "1972-1973 College Costs" and "1994-1995 College Costs" published by Life Insurance Marketing and Research Association.

As measured by the Consumer Price Index, the average inflation rate for 1974-1994 was 6.0%.

Annual Increase is calculated over the last 22 years, 1973-1995.

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Retirement Planning Associates is led by James Ellis, a registered representative of,
and securities offered through, JKR & Co., Member NASD, SIPC.