14 What it will take

July 2013

The all-in expense total at most four-year schools today is roughly $23,000 to $45,000 per year, and experts estimate a 5% increase per year, on average, going forward. That means for today’s 8-year-old, the low-end sticker price of a four-year college will be about $170,000.

Of course, only about one-third of students actually pay the sticker price for college, according to the College Board. Grants and scholarships cut the average college student’s tuition costs in half, according to Debt.org, which means saving about $85,000, on the lower end, for that 8-year-old. Saving less than that sum isn't futile either as every dollar that can be put away is roughly two dollars that won’t have to be payed back in loans.


Watch out for:  

The money should be invested more conservatively as the child nears college age. Within the next few years we could find ourselves in a very unique place where bonds are riskier than stocks and one could be shifting into bond portfolios that are almost destined to get clobbered. As college nears, a money market may be your safest bet to preserve the money saved up. (Traditional advice)

Personally I would head for PMs most likely, depending on the ratio then physical silver &/or gold, but atm it's virtual currencies FTW.


Fund targets: 

Projected full fees + leeway: $200,000  

Projected half fees + leeway: $100,000 

Any amount more or less than these... 


A masters degree also now days looks to be worth while aiming for, or PhD

Average fees are around £6,000, although they can be £30,000 or more for some MBAs. (2013 GBP prices) - say $50,000


Above targets achieved: Nov/Dec 2013, though everything is still in virtual currencies atm, further target added of a (probable) UK HMO rental income property (maybe for students in university town) &/or other diversified investments.

ie: Flat for sale in Hurst Street, Oxford OX4 - 4 bedrooms £450,000 = $746,000






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