The $441,728 college diploma
The Daily crunches the numbers on rising university tuition costs and finds that, if they keep growing at the same rate they have for the past three decades, a four-year degree at a private institution will cost $274,684 by the time a baby born this year is ready to enroll, in 2031. At the top 10 most expensive, private universities, one year of tuition would come with a $110,432 price tag.
That would, incidentally be nearly double the projected annual income of a family with a child under 18, of about $58,000 if income continues rising at the same rate it has since 1987.
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