Reporter's Notebook: Sending my baby to a private college will cost more than my house - Phoenix Business Journal

  • 📰 phxbizjournal
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

My daughter’s future bachelor’s degree could cost more than our current home in a big city suburb. phoenix

The situation became more unsettling when I started looking into the numbers. According to The Vanguard Group, Inc.’s online college savings planner, the estimated total cost to send our daughter to our alma mater when she is 18 years old is anywhere from $593,462 to $864,306, when you consider annual tuition cost increases of 3% to 5%. Vanguard assumes. Cue the record scratch. My daughter’s future bachelor’s degree could be worth more than our current home in a Boston suburb.

Wake Forest in Winston-Salem, North Carolina, posts a total cost of attendance for the current academic year of $83,324, which includes tuition, housing, food, books and $3,000 of travel and personal expenses. That’s up 37% from a decade ago and up 133.5% from 20 years prior. Just 37% of Wake Forest students receive financial aid, according to the school's website. I'm not picking on my alma mater, where I learned to think critically and later met my husband.

Thirty-six U.S. private colleges posted annual sticker prices over $80,000 in the 2022 academic year and an additional 111 colleges are more than $70,000, according to the most recent data available from the U.S. Department of Education. That list will only grow. It’s worth noting for the sake of this column that our typical reader at The Business Journals , is unlikely to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 254. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Phoenix Business Journal wins 2022 Arizona Newspapers Association awards - Phoenix Business JournalThe Business Journal took home 12 awards at the 2022 Arizona Newspapers Association Best Newspapers Contest, including several awards for the newspaper's investigative work. The results were announced on Oct. 6.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Phoenix Business Journal wins 2022 Arizona Newspapers Association awards - Phoenix Business JournalThe Business Journal took home 12 awards at the 2022 Arizona Newspapers Association Best Newspapers Contest, including several awards for the newspaper's investigative work. The results were announced on Oct. 6.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Weekend Wheels: Entry level luxury gets pizzazz with new Acura Integra, Audi A3 - Phoenix Business JournalThere are at least two ways to find fun, practicality and luxury in a car for less than $40K, our reviewer discovers.
Source: phxbizjournal - 🏆 254. / 63 Read more »

East Gilbert Fry's-led shopping center gets thumbs up from planning commission - Phoenix Business JournalThe 125,000-square-foot grocery store will be accompanied by a fueling station, 17,000 square feet of attached retail space to the Fry's and five pad sites detached from the grocery store.
Source: phxbizjournal - 🏆 254. / 63 Read more »