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  1. #1
    decimon is online now Registered User
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    New baby? This is how much college will cost in 18 years

    Market Watch
    Karin Price Mueller
    July 5, 2017

    Excerpts:

    "Using Rutgers University as a state school example, the total cost of a four-year undergrad degree including room and board will be $463,812 when your grandchild attends college, DeFelice said."

    "DeFelice said itís entirely possible that the assumptions he used are way off base.

    He said 5% is the historical educational expense inflation rate over the past 15 years, and we donít know if college costs will continue rise at that torrid pace.

    ďMy personal feeling is that something needs to be done about the skyrocketing cost of education in this country, but that is an argument for another day,Ē he said."

    New baby? This is how much college will cost in 18 years - MarketWatch

  2. #2
    SteveFoerster is offline Resident Gadfly
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    Quote Originally Posted by decimon View Post
    DeFelice said it’s entirely possible that the assumptions he used are way off base.
    If nothing else, the guy at least deserves an award for understatement!
    BS, Info Sys concentration, Charter Oak State College
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  3. #3
    decimon is online now Registered User
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    Quote Originally Posted by SteveFoerster View Post
    If nothing else, the guy at least deserves an award for understatement!

    I was okay with that. As with the future value of a stock fund, you could start with appropriate numbers before getting to, "Of course that's not possible because..."

  4. #4
    SteveFoerster is offline Resident Gadfly
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    Quote Originally Posted by decimon View Post
    I was okay with that. As with the future value of a stock fund, you could start with appropriate numbers before getting to, "Of course that's not possible because..."
    Agreed, I was really just going for funny. I realize you basically can't reasonably talk about something that speculative except under the sort of conditions you describe.
    BS, Info Sys concentration, Charter Oak State College
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  5. #5
    Kizmet is offline Moderator
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    1) places like UPeople
    2) kids going to Germany for "free" college
    3) free community college

    You could take factors such as these and extrapolate to exact opposite as that of the article.
    American College of Sports Medicine

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