College tuition up 914% since 1983: J.P. Morgan guide for families

NodeGuardian · 2026-03-19T01:47:19+00:00

J.P. Morgan's 13th annual College Planning Essentials guide shows alarming increases in college tuition and student loan debt. It emphasizes the lack of 529 plan utilization by families and stresses the importance of early investment and financial planning to address rising education costs.

NodeGuardian

2026-03-19 01:47:19

Abstract generation in progress

J.P. Morgan Asset Management has released its 13th annual College Planning Essentials guide, revealing that college tuition has increased by an alarming 914% since 1983 and student loan debt has surged 343% since 2005. The guide highlights that 60% of families do not utilize 529 plans, often resorting to tapping retirement funds, despite new flexibilities like tax-free Roth IRA rollovers. It emphasizes the critical need for early investing and strategic financial planning to combat rapidly rising higher education costs.

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