What Will College Tuition Cost in 2030?
Congratulations! You are a new parent. It is time you are baptized into the world of diaper changes and midnight feedings. You also might want to brush up on your financial calculator skills.
Assuming junior is going to opt for a value education from a public school, you’ll want to know what the cost of college will be in 2030. According to the US Department of Education, the average annual cost of public school increased 6.5 percent each year over the last decade. That means that by 2030, annual public tuition will be $44,047. The total cost for a four-year degree will be more than $205,000.
Basically... I better get to winning the lottery. Since that's probably not going to happen I was looking around and found these two options, super curious about what other parents think and if they are doing any other pro-active planning...
The Gift Plan and Gerber Life. Both of these look pretty valid from skimming through. I just want my money to grow the most amount but I'm still fairly conservative that I don't want to chance losing any either. So many decisions!