Monday, November 5, 2007

College or 401(k)?

College Cost Projector
Results College Type:4 Year
Current One-Year Costs: $12,000.00
Tuition Inflation Rate: 7.00%
Years to Enrollment: 17 years
First Year Projected Costs: $37,905.78
Second Year Projected Costs: $40,559.19
Third Year Projected Costs: $43,398.33
Fourth Year Projected Costs: $46,436.21
Total Projected Costs: $168,299.51

Oh wait, you have 2 kids that will be in college at the same time?
Yes, Mr, Green that will come to $336,599.02 for your children to attend an in-state Texas University.

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