How much will college cost?

David Roberts, CPA, shares advice for parents on how much college expenses are today for each child in order to help them save enough for their kids' college fund
How Much Will My Child's College Really Cost Me?
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How much will college cost?

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College requires today an average family for a college or university setting, 20 to 30 thousand dollars per year per child. Which is without all the bells and whistles. It doesn’t include summer courses, it doesn’t include study abroad programs. So for a 4 year education, that can cost anywhere from 80 to 120 thousand dollars per child. And if you have a young family, let’s say a 1-year-old, so your college is 18 years away, that could skyrocket to somewhere between 250 to 300 thousand dollars per child.

David Roberts, CPA, shares advice for parents on how much college expenses are today for each child in order to help them save enough for their kids' college fund

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David Roberts

CPA

David Roberts has five children and lives in Southern California with his wife Cynthia, their dog Lucy, and cat named Cooper. Dave has always singled out being an involved parent as his most important life’s work while managing the job responsibilities of being managing partner of his CPA firm, RBZ, LLP in West Los Angeles.

 

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