Cost of College

Keep up with the rising college costs

Cost of College2018-11-20T16:44:52+00:00

The increasing importance of a college education is matched by increasing costs. A sizable sum will be needed to finance this long-term investment, but you can get a good start by saving early with Bright Directions. Find out how much you might need with our free college savings planner.

Projected Cost of College (4 Yrs.)*

2018 Projected Cost of College (4 Yrs.) Source: The College Board, Trends in College Pricing, 2018

Source: The College Board, “Trends in College Pricing,” 2018.
*Includes tuition, fees, and room and board. Assumes an average college cost inflation rate of 5%.

Lifetime Advantage

Today’s job market is more competitive than ever before, placing immense value on a college degree. Higher education provides an edge while opening up more career options and increasing earning potential. In fact, research has shown that a college education can add more than a million dollars in additional income over a lifetime.

Median Weekly Earnings of Full-Time Workers2018 Median Weekly Earnings of Full-Time Workers Source: Bureau of Labor Statistics, U.S. Department of Labor, News Release (2nd Quarter 2018 Averages —July 17, 2018)

Source: Bureau of Labor Statistics, U.S. Department of Labor, News Release (2nd Quarter 2018 Averages —July 17, 2018)