OldTimeHockey
Active member
Significantly Insignificant said:OldTimeHockey said:cabber24 said:Is $21.25K per year enough for school? Probably not, according to Macleans the average annual cost of post-secondary in Canada is currently $19.5K per year. At 2.5% inflation over 11 years when my oldest is 18 that $19.5K inflates to $25K.
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My daughter just finished her 4th year of university. With Books, Tuition and whatever else the university came up with to pass down to the students, She averaged around $9000 a year.
Like Nik said, things get expensive when you move out of town and have to pay rent or stay at the dorm. My middle daughter is due to start in 2019. We'll see how much that changes as it looks like she'll be heading out of town.
Thanks for posting that. My oldest son is about 4 years away. Post secondary scares me more than retirement at this point. Need to get the three of them through and have them become productive members of society. Seemed so far away 13 years ago. .
It certainly does seem like the impossible but with some careful planning and saving, it's not too bad.