College: Afford or IllAfford?
Consider this table of college costs (tuition, fees, room, and board)over the past few years:
Year  Private  Publicc 
1976 
$3,977  $1,936 
1986 
$9,852  $4,050 
1996 
$18,357  $7,142 
2004 
$26,854  $10,636 
2006 
$31,916  $15,566 
Assuming the actual growth rate is linear, what are the two expected values for years 2010 and 2025?
 Average cost for a private college?
 Average cost for a public college?
Assuming the actual growth rate is exponential, what are the two expected values for years 2010 and 2025?
 Average cost for a private college?
 Average cost for a public college?
Do a best curvesfit for the data. What are the two expected values for years 2010 and 2025?
 Average cost for a private college?
 Average cost for a public college?
Now, start saving your money if you have chidlren who plan to attend college!
