[afterwalk]

Recently playing around with a 529 college saving plan calculator, it told me that for a 5 year old aiming to go to a 4 year private school, I need to save up $600k in the next 13 years. I thought the calculator was broken, but it was simply using the past decade's grow rate for tuition to model the next decade.

[sandeeps_]

Do you mean the account should have 600k at the time of kid starting college? Does the 600k include gains from the investment in 529 or is it just the principal?

[afterwalk]

That figure includes the gains, and represents approximately how much college will cost in 13 years if trends continue. My point was that $600k for going to college sounds so ridiculous that the trend shouldn't be able to continue.

[sandeeps_]

Enroll them in Lambda school :)