What College Tuition Will Look Like in 18 Years

<p>[What</a> College Tuition Will Look Like in 18 Years - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/college-tuition-look-18-years-131235673.html]What”>http://finance.yahoo.com/news/college-tuition-look-18-years-131235673.html)</p>

<p>"Campus Consultants Founder and President Kal Chany figured out what college will likely cost by 2030 based on inflation rates. He wrote the book “Paying for College Without Going Broke.”</p>

<p>The findings? In 18 years, the average sticker price for a private university could be as much as $130,428 a year (See chart.) The situation isn’t much better if you go the public route. Sending your child to a state university could set you back at least $41,228 a year."</p>

<p>I realized this was bad, but… sheesh.</p>

<p>Note that that does not include the cost of room and board, which makes up a considerable portion of the cost of attendance.</p>

<p>One of the lesser appreciated benefits of menopause is not having to worry about the cost of college 18 years from now.</p>

<p>Amen! 10 char.</p>

<p>I can’t see there being such a large gap between state/private universities, but I can definitely see huge increases in tuition. I can’t even imagine the cost of medical school.</p>

<p>Guess the big question is - what will middle class incomes look like in 18 years?</p>

<p>About 15 years ago, I could not believe that college costs would be crossing the $60K line. I was sure something would have to happen to stop the acceleration of costs. Even with the recession and job issues that have occurred in the last 6 or so years, we still have costs rising. It is truly a frightening situation. </p>

<p>I personally have not been able to keep up. I think that if this continues, other than a few of the schools that have the strongest name recognition, the most selective schools will become the state flagships as they will be sought as the affordable choices. But then I though this would have happened by now.</p>

<p>I saw the article. That scares me and makes me glad that i’m getting my education now.</p>

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<p>Assuming these are nominal not 2012 dollars. Even still, mind boggling.</p>

<p>Two reasons why the system will crash:</p>

<ul>
<li> Caps on how much students will be loaned with no credit. Just like the housing bubble</li>
<li> Movement to on-line courses at lower costs - issue is not the learning issue which is almost solved but the credentialing issue</li>
</ul>

<p>Many lower-tiered liberal arts will close. Fewer will attend “college” as we know it.</p>

<p>I remember when my D15 was a toddler and going to full-time daycare. I was paying $8000 a year and bemoaning the fact that it was the same price as tuition at Penn State.</p>

<p>Fast forward to about 10-12 years later. Penn State’s tuition has doubled. Both my husband and I have gone through unemployment and underemployment and are making about the same as we did 10 years ago. </p>

<p>When D15 was a toddler, I could have afforded to pay my state’s flagship school’s tuition out of my salary. Now I have no idea how I’d pay for it.</p>

<p>I would not worry tto much how college tuition looks in 18 years. it will largely depend on how USA look in 18 years, the prognosis is much scarier, why to worry about college? They might all be studying in China, who knows? Books like this are written for entertainment, you got amused, so it served the purpose. Good fot author!</p>

<p>And people’s salaries will be higher in 18 years. Plus, tuition hasn’t risen the same in any 18 year period. And there is a financial point of diminishing returns which will keep costs from going too high. Just like any business, if you price yourself too high, you lose customers.</p>