<p>We have been hit pretty hard (along with everyone else) with savings that was put away for college tuition. </p>
<p>If you are already enrolled in the college, does your tuition stay constant until you graduate? or does each year the tuition go up? </p>
<p>My hours are also down at work so even our income is down. Just trying to get a handle on some new financing strategies for the upcoming years and how we are going to pay for college.</p>
<p>I can tell you that at Loyola the Tuition, Room, and Board etc. is not locked in. The past two years, the increase was 6% each year and seemed to be automatic. This is typical of most Private Colleges and I expect that Public Universities will have to have bigger increases each year because of their Budget crunches. Its going to be intersting how all Colleges respond to this issue because it is a recruiting problem for them. On one hand their costs are going up just like everyone else but on the other hand they don't want to "price" themselves out of their target base of students. This will be a tough period for parents and students in choosing and paying for College and for the schools recruiting them.</p>
<p>BRavens - thanks for the info. Happy Thanksgiving to all. I know we are all enjoying having our kids home for a few days. </p>
<p>I know I am ! ! !</p>