In 18 Years, A College Degree Could Cost About $500,000 (buzzfeed.com)

An anonymous reader shares a report: People worried about college affordability today can at least take this to heart: it could get much, much worse. Tuition has been rising by about 6% annually, according to investment management company Vanguard. At this rate, when babies born today are turning 18, a year of higher education at a private school -- including tuition, fees, and room and board -- will cost more than $120,000, Vanguard said. Public colleges could average out to $54,000 a year. That means without financial aid, the sticker price of a four-year college degree for children born today could reach half a million dollars at private schools, and a quarter million at public ones. That's for a family with one kid; those with more could be facing a bill that reaches seven figures.

Comments

Re:Yeah, the bubble will pop long before that

[Archangel Michael]

but in America the special snowflakes can't possibly be judged academically

Because systemic "Racism", "Sexism", "Genderism", "Homophobia", "Transphobia" ... basically anyone that is not a white male has "societal discrimination" in their favor, so we must accommodate.