These are the top five disruptive cultural and financial seismic shifts:
- Education is changing radically.
- Finance and investing are confusing.
- Saving money is difficult.
- Assets are unaffordable.
- Debt has become excessive.
Post-High School Education
Four-year bachelor’s degrees (BS or BA) and graduate-level programs may provide a broader education but with theory-based courses. Community colleges are far more affordable. The average annual tuition at a two-year school in the United States is around $2,500, while a four-year university can cost significantly more. Cost of a four-year degree in the United States averages $30,031 per year, including tuition, fees, room, and board.Recent college graduates often carry nearly $30,000 in student loan debt, so a 10-year standard repayment plan would result in a monthly payment of around $300. If you have federal student loans, the average monthly payment is estimated at about $503.
