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A comment on I killed my teenager’s fancy college dreams. Parent comment

Re:I killed my teenager’s fancy college dreams by learc83 on Friday December 27, 2019 @02:12PM (#21893588)
Low tier college should be about $10k a year and that's assumimg you don't do 2 years a community college.

You shouldn't live on campus if you're price sensitive. And you cant include room and board in your calculations because you'd need that anyway.

7% annual returns are also misleading because it ignores inflation. Edit--I've since learned that 7% average already adjusts for inflation.

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Re:I killed my teenager’s fancy college dreams by pedrosorio on Friday December 27, 2019 @02:30PM (#21893742)
> 7% annual returns are also misleading because it ignores inflation.

"One of the major problems for an investor hoping to regularly recreate that 10% average return is inflation. Adjusted for inflation, the historical average annual return is only around 7%."

https://www.investopedia.com/ask/answers/042415/what-average...

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Re:I killed my teenager’s fancy college dreams by everdev on Friday December 27, 2019 @02:29PM (#21893726)
7% is adjusted for inflation. It's about 10% without: https://www.investopedia.com/ask/answers/042415/what-average...
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Re:I killed my teenager’s fancy college dreams by asdff on Friday December 27, 2019 @03:55PM (#21894558)
It doesn't have to be conflated to low tier, state schools are around there as well and cheaper with aid or scholarship. CSU schools are typically pretty cheap considering the areas they are in.
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