Thursday, January 3, 2013

Increase in cost of public college

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.

It is never too early to begin laying the foundation for future success through education. Consistent investing, sound financial advice and a 529 plan are the building blocks of a winning college savings plan.

Source:  BlackRock

The information contained in this article does not constitute a recommendation, solicitation, or offer by D2 Capital Management, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. D2, its clients, and its employees may or may not own any of the securities (or their derivatives) mentioned in this article.


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