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As a parent of an elementary school kid and a middle school kid, this terrifies me. We're trying to save for college, but it's hard to scrape much together, and it's growing at a fraction of the rate that college costs are rising.
The state university is currently around $23K/year for residents. So that's roughly $100K to make it through undergrad. That's today. I expect it to be about $300K by the time my kids are in college, based on the rates of increase. I've got two kids, so that's $600K. Over half a million dollars. How the fuck is anyone supposed to come up with that kind of money?
A part time job will chip away at that, but it's like using a chisel and hammer to chip away at the Washington Monument.
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