|
Projected average cost (tuition, books, room and
board) of four years at colleges and universities across the country.
Assumes an inflation rate of 7% in college costs.
Find your child's or grandchild's age in the left-hand
column and read across.
|
Current
Age of Child |
Amount
You Will Need for Public College/University |
Amount
You Will Need for Private College/University |
| 1 |
$
144,128 |
$
308,256 |
| 2 |
$
137,268 |
$
293,580 |
| 3 |
$
130,732 |
$
279,600 |
| 4 |
$
124,504 |
$
266,284 |
| 5 |
$
118,576 |
$
253,604 |
| 6 |
$
112,928 |
$
241,523 |
| 7 |
$
107,552 |
$
230,032 |
| 8 |
$
102,428 |
$
219,076 |
| 9 |
$
97,552 |
$
208,640 |
| 10 |
$
92,908 |
$
198,708 |
| 11 |
$
88,484 |
$
185,436 |
| 12 |
$
84,268 |
$
176,608 |
| 13 |
$
80,256 |
$
168,196 |
| 14 |
$
76,432 |
$
160,188 |
| 15 |
$
75,192 |
$
152,564 |
| 16 |
$
69,324 |
$
145,296 |
| 17 |
$
66,028 |
$
138,380 |
| 18 |
$
62,884 |
$
131,788 |
|
Source: The College Board (2000-01 figures)
For funding ideas and investment solutions, click
here.
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