Smart College Savings Strategies: 529 Plans, Roth IRAs, and More
As of 2024, the average total annual cost of attendance (including tuition, fees, room, and board) is approximately $28,130 per year, or $112,520 for a four-year degree. This figure blends costs across in-state public, out-of-state public, and private institutions based on national enrollment trends. (Source: College Board, National Student Clearinghouse)
These costs are expected to continue rising at a rate of 4–6% annually. With numbers like these, it’s more important than ever to plan ahead.
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