COLLEGE SAVINGS 101

Savingforcollege.com

37 best college memories from the '90's
http://www.savingforcollege.com/articles/37-best-college-memories-from-the-90-s-821

Posted: 2015-8-13

by Kathryn Flynn

Does saving for your kid's college bring back memories of your own life on campus? Times sure have changed, haven't they? Most of today's students wouldn't even dream of taking notes in an actual notebook or writing a paper in their school's computer lab. But we had it pretty good, right? Spending our days watching epic movies like Pulp Fiction, Swingers and Clueless and listening to our favorite CDs from Snoop Dogg, Pearl Jam and Blind Melon was “the bomb”!

And we had no room to complain when it came time to pay tuition. According to the National Center for Education Statistics, twenty years ago the total cost of tuition and room and board at a four-year in-state public school was $10,330. This year, students at the same type of school can expect to pay around $19,700. Yikes! And that's not even including the costs of laptops, cell phones, tablets and other electronic devices students in the ‘90's could only dream of.

Yet what's even more frightening is how much you're likely to pay for your own children to go to college one day. Dreaming of a four-year in-state public university for your newborn son? You'll be looking at $169,470 for total tuition, fees and room and board costs, according to the College Board.

The good news is that you have plenty of time to save. With a 529 plan, your savings will grow tax-free and won't be taxed when you withdraw the money to pay for college. Try our World's Simplest College Calculator to see just how much you'll need to put away to reach that goal.

If you're wondering if college is still worth the cost, check out these 37 things you'll only understand if you went to college in the '90's from Buzzfeed. We think you'll agree that your child deserves the chance to make his own list of college memories one day.

Does saving for your kid's college bring back memories of your own life on campus? Times sure have changed, haven't they? Most of today's students wouldn't even dream of taking notes in an actual notebook or writing a paper in their school's computer lab. But we had it pretty good, right? Spending our days watching epic movies like Pulp Fiction, Swingers and Clueless and listening to our favorite CDs from Snoop Dogg, Pearl Jam and Blind Melon was “the bomb”!

And we had no room to complain when it came time to pay tuition. According to the National Center for Education Statistics, twenty years ago the total cost of tuition and room and board at a four-year in-state public school was $10,330. This year, students at the same type of school can expect to pay around $19,700. Yikes! And that's not even including the costs of laptops, cell phones, tablets and other electronic devices students in the ‘90's could only dream of.

Yet what's even more frightening is how much you're likely to pay for your own children to go to college one day. Dreaming of a four-year in-state public university for your newborn son? You'll be looking at $169,470 for total tuition, fees and room and board costs, according to the College Board.

The good news is that you have plenty of time to save. With a 529 plan, your savings will grow tax-free and won't be taxed when you withdraw the money to pay for college. Try our World's Simplest College Calculator to see just how much you'll need to put away to reach that goal.

If you're wondering if college is still worth the cost, check out these 37 things you'll only understand if you went to college in the '90's from Buzzfeed. We think you'll agree that your child deserves the chance to make his own list of college memories one day.

 

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