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Home >> Financial Planning >> Individual Planning >> Financial Planning D... >> Basic financial conc... >> The Rising Cost of Education
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The Rising Cost of Education
"Only the hair-care industry could love these daunting figures: By the time a child born in 1994 heads off to college in 18 years, educators project that four years of tuition, fees, room, board, books and transportation will cost an average of $128,000 at a public school - and more than $268,000 at a private school.
If your child makes it into the Ivy League, your bill probably will top $400,000. Surely, those intimidating sums are more than enough to turn any parent’s hair prematurely gray."
Money Magazine- Money Guide 1995
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