Helping Your Child or Grandchild Save for the High Costs of College
Parents and grandparents who intend to pay for or contribute to a child's college costs face an extraordinary expense. Because the cost of a college education can seem daunting, saving ahead of time can help alleviate some of the burden.
Our free report discusses different ways to save for college. Complete the form to access your copy.
Estimated annual college costs
Year | Public* | Private* |
---|---|---|
2020 | $23,190 | $51,110 |
2025 | $26,366 | $60,118 |
2030 | $29,976 | $70,715 |
2035 | $34,081 | $83,178 |
*Total yearly costs for in-state tuition, fees, books, and room and board (transportation and miscellaneous expenses not included). Base is 2019-2020 school year. Costs for all future years projected by Wells Fargo Advisors in November 2019 assuming a 2.6% national average increase per year for public and a 3.3% national average increase per year for private.
Source: “Trends in College Pricing.” © 2020 The College Board. Reprinted with permission. All rights reserved. collegeboard.org.
What's in Our "Saving for Soaring College Costs" Report
Because the cost of sending just one child to college for four years can be staggering, and tuition fee hikes regularly outpace inflation, we’ve prepared this report to discuss:
- Why you should start saving as soon as possible
- A variety of ways you can save for the cost of education
- The features and benefits of each
Complete the form to receive your free copy of "Saving for Soaring College Costs."
Get Your Copy of the Report
To receive our "Saving for Soaring College Costs" report, please complete the form.
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