With my oldest finishing up her first year at the university, I started thinking about the alchemy of converting human capital (i.e. W-2, 1099-contracting, etc.) into investment capital. As I worked out a post, I started looking into the effect of college on increasing one’s human capital. Entering the Workforce Many people get jobs during… Continue reading Is College Worth It?
In my last post, I laid out my plan for contributing to my children’s college education and creating incentives for keeping the cost down without sacrificing the quality of their education. My final contribution goal (including a 3% inflation) came to $299,901. That’s significantly smaller than the original number of $413,264, but still pretty high.… Continue reading Playing 529 Catchup (Part 3)
In my last post, I discussed the sticker price of a college education and some of the ways to fund it. If you recall, the total expected cost for my daughter’s college education is $57,629. Like me, you might be feeling some sticker shock! If you don’t have sticker shock, then at a minimum you… Continue reading Examining College Expenses with Incentives
The silver lining to the pandemic this fall was having our oldest home from school all the way from Thanksgiving to this week. This week, another semester starts and she’s back at school. During the holiday break, she put together a skeleton schedule for the next seven semesters. Simply taking a normal load each semester,… Continue reading The Cost of College