I'm the product of an undergraduate and graduate state school education. In 1996 my state school tuition was $3k per semester and even with books let's say $8K per year or $32k for 4 years. I went to dental school at a state school where 3 out 4 years were in-state at $25K per year with housing and living expenses. My total education expenses for 11 years of higher education were $160k which is a deal these days. We are starting to look at schools with my oldest and the current costs are:
State School - UMass is $35K per year or $140K per 4 years or $420k for three kids.
Private University - We did a tour of Providence college today which is $75K per year or $300K per 4 years or $900K for three kids.
State schools have gone up 5x in 22 years. My wife went to Trinity College in Hartford CT and graduated in 1996 and it was $40K per year meaning private schools have increased 2x in 22 years.
Where does it end?
State School - UMass is $35K per year or $140K per 4 years or $420k for three kids.
Private University - We did a tour of Providence college today which is $75K per year or $300K per 4 years or $900K for three kids.
State schools have gone up 5x in 22 years. My wife went to Trinity College in Hartford CT and graduated in 1996 and it was $40K per year meaning private schools have increased 2x in 22 years.
Where does it end?