Tuition Examples

What might I pay for tuition?
Here are three examples of families and their tuition levels.

Example 1: Family of 4
2 children in tuition-charging schools
Annual income            $83,000
*Net worth                 $264,000
Annual tuition:                        $4,000

 

Example 2: Family of 5
2 children in tuition-charging schools

Annual income:           $160,000
*Net worth                 $300,000
Annual tuition:                        $12-14,000

Example 3: Family of 4
1 child in tuition-charging school

Annual income:           $120,000
*Net worth                 $600,000
Annual tuition:                        $18,000

*Includes retirement and home equity

Every family’s situation is unique, and these examples are used only as guidelines.