Health & Fitness
Trending College Tuition
Considering that these numbers will only continue to rise, are you setting realistic goals for your current education savings plans?
42%: Increase in cost of public college over the past 10 years
Although the beginning of a new year is generally a time to look ahead, consider taking a moment to look backward-at trends in college tuition. Between the 2000-01 school year and the 2010-11 school year ten years later, prices for undergraduate tuition, room and board at public college and universities rose 42%, after adjustment for inflation. For the academic year at the tail-end of that decade (2010-11), that cost was estimated to have risen to $13,600 at public institutions. At private institutions that number could be on average $10,000 or $20,000 more, depending on whether the school is not- for-profit.
Considering that these numbers will only continue to rise, are you setting realistic goals for your current education savings plans?
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Source: U.S. Department of Education; National Center for Education Statistics, 2012
Find out what's happening in Avon-Avon Lakefor free with the latest updates from Patch.
Prepared by BlackRock
Delivered courtesy Joel W. Grams, CRPC®, CLTC,
Registered Representative, Financial Planner, 212 Capital Group
38 Main Street Suite 360, Westlake Ohio 44145
(440) 835-4501 Ext 17, jgrams@212capitalgroup.com
The foregoing discussion is general in nature and not intended as specific advice.
New England Financial nor its representatives are engaged in rendering tax,
accounting or legal advice. A qualified professional should be consulted regarding the effect of such considerations on the matters covered in this publication.
For information on New England Financial insurance or other financial products and services, please contact Joel W. Grams, CRPC®, CLTC, Registered Representative, Financial Planner with /New England Financial 38 Main Street Suite 360, Westlake, OH 44145, at (440) 835-4501 ext. 17, jgrams@212capitalgroup.com
New England Financial is the registered mark for New England Life Insurance Company (NELICO) Boston, MA 02116. Securities and investment advisory services offered through New England Securities, Corp. (NES)(member FINRA/SIPC) a Registered Investment Advisor. NELICO and NES are MetLife companies.L0113299303[exp0613][OH]