Add it up!

How much really does college cost? How much will it cost when today’s toddlers pay for higher education? Look at these estimates from the U.S. Department of Education and the USAA Educational Foundation calculator.

Estimated cost to attend a public, four-year, in-state university:
Current tuition: $3,746 a year
Room: $2,811
Board: $2,642
Current total per year: $9,199
For four years: $36,796

College cost per year: $18,122
Total college cost for four years: $72,488

College cost per year: $31,093
Total college cost for four years: $124,370

Estimated cost to attend a private four-year university:
Current tuition: $16,287 a year
Room: $3,571
Board: $3,111
Current total per year: $22,969
Total college cost for four years: $91,876

College cost per year: $45,249
Total college cost for four years: $180,996

College cost per year:$77,635
Total college cost for four years: $310,541

Estimated cost to attend a public two-year college:
Current tuition: $1,379 a year
Room: N/A
Board: N/A
Current total per year: $1,379
Total college cost for two years: $2,758

College cost per year: $2,717
Total college cost for two years: $5,433

College cost per year: $4,661
Total college cost for two years: $9,322. 

Sources:http://ed.gov/thinkcollege/early/students/college_costs.htm#ny/students/college_costs.htm#ny; www.usaaedfoundation.org

Article provided by