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Personal Financial Index® ( PFITM )

               

Step 4: College Education

College Education

Public school tuition, room and board costs average about $20,000, private school tuition, room and board costs average about $38,000 and elite private school tuition, room and board costs average about $50,000.
College tuition inflation is typically higher than the overall inflation. Over the past 2 decades, tuition inflation has averaged about 6%.

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