Estimated total costs at private colleges are nearly $63,000 in the 2014-15 school year, with more than $40,000 going for tuition, according to scholarshipworkshop.com. Two years from now, the total is projected to top $70,000. “Increases in college costs, especially for tuition, have been outpacing overall inflation,” says James Sanford, founder of Sag Harbor Advisors in New York.
All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.