Costs of College Rise, 57 Percent On Projection
Washington reports Kiplinger Changing Times estimates place yearly college costs from $31,000 to $3,000 or more, rising about 5 to 7 percent annually. Four-year totals for a sixth grader range $14,500 to $18,000, with private colleges over $3,000 yearly. By 1965 public $2,500, private $3,500. by 1970 about $3,600 to $4,600. Families err by underestimating costs and delaying planning. Loans from NDEA and new installment plans expand options. prepayment budgeting also advised.