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My brother said something to me the other day that got me wondering. I am now wondering what many of you think.
At the present rate of tuition increases, let's just say that a student entering college in 18 years will have to pay almost impossible tuition rates. (college costs seem to regularly rise more quickly than inflation) I would imagine the market will be tight and universities will have to find ways to bring costs down. Now, introduce current technology trends. 5 years ago there were not many ways to get a degree online, but there are many more opportunities now if one desires. On top of that, we can't even conceive what opportunities there will be in 18 years combining education, networking, and technology. (I am sure the traditional college will still exist, but it will certainly not be the only - possibly even the minority)
That being said, typical ways of saving for college may be "the devil that we know", but is it possible it is the wrong way thinking 18 years down the line when a newborn will actually be attending?
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