Cost of College

Keep up with rising college costs

Cost of College 2017-06-15T10:24:01+00:00

The increasing importance of a college education is matched by increasing cost. A surprising sum will be needed to finance this long-term investment, but you can be ready by saving early with CollegeCounts. Find out how much you might need with our free college savings planner.

Project Cost of College (4 years)*

Trends in College Pricing, 2016

Source: The College Board, “Trends in College Pricing,” 2016
*Includes tuition, fees, and room and board. Assumes an average college cost inflation rate of 5%.

Value of a College Degree

Today’s job market is more competitive than ever before, placing a premium on a college degree. Higher education provides an edge while opening up more career options and increasing earning potential. In fact, lifetime earnings for those with a college education can add up to more than a million dollars in additional income.

Median Weekly Earning of Full-Time Workers (Age 25 and Older)

2015 Median Weekly Earnings of Full-Time Workers (Aged 25 and Older) Source: Bureau of Labor Statistics, U.S. Department of Labor, News Release (October 24, 2015)

Source: Bureau of Labor Statistics, U.S. Department of Labor, News Release (October 20, 2015)