Although grants, scholarships and loans can significantly lower the costs of college, prices have increased faster than the rate of inflation. It’s important to prepare now, for cost difference later, particularly in the relams of higher education. With the economoy slowly crawling out of a deep recession, higher education now more than ever will be necessary to enter the labor markets of tomorrow. It’s probably a good idea to see what the cost of education will be in 5, 10, and 20 years from now.
Posts tagged ‘Tuition’
Prepaid college tuition plans- These are also called Prepaid Education Arrangements (PEAs), and allow folks to buy all or part of a public in-state education at present-day prices. The value of the prepaid amount is usually guaranteed by the state with a promise to equal or exceed annual in-state public college tuition inflation. Given that the typical annual inflation rate for tuition at state schools is around four to six percent, locking in tuition at todays costs is tantamount to investing that money in a one year CD that pays five percent where can you get a one year CD today that pays five percent?
Once upon a time, there lived a boy named Harry Dopper. Now, Harry wasnt liked very much in his youth. In fact, all the other kids tended…
The Chronicle of Higher Education reports on a new survey of 219,864 first-year, first-time students attending 297 four-year colleges and universities full time in the fall of 2009.