Below are total costs for some of the top universities in the United States, as ranked by U.S. News & World Report. These figures represent the total cost of sending a Texas-resident student to each school for the 2009-10 school year, including tuition, room and board, fees, books, and miscellaneous expenses.

For colleges in Texas:

Public Universities:

  • University of Texas        $25,284
  • Texas A&M University $20,531
  • Texas Tech University $18,464
  • University of Houston $16,418
  • Stephen F. Austin University $11,360

Private Universities:

  • Rice University                       $45,685
  • Southern Methodist Univ. $43,295
  • Baylor University                 $42,898
  • University of St. Thomas    $30,906
  • St. Mary’s University           $30,266

Other colleges in the United States:

Exclusive Universities:

  • Stanford University $53,652
  • Harvard University $52,000
  • Brown University $50,560
  • Dartmouth College $49,974
  • Princeton University $49,190

Private Universities:

  • Georgetown University $55,130
  • Vanderbilt University $54,718
  • Northwestern University $53,608
  • Tulane University $52,240
  • Notre Dame University $51,300

Public Universities (Non-TX):

  • UCLA $46,420
  • University of Michigan $44,797
  • Miami (OH) University $41,864
  • University of Colorado $38,365
  • Louisiana State University $22,195

With college costs increasing at alarming rates, advanced planning is required to make these costs affordable for your children and/or grandchildren. Time and the power of compounding are your most valuable assets.

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About the Author

Matthew Russell is a Certified Financial Planner ® in the North Houston area specializing in consultation and financial planning services for individuals, families, and businesses. For impartial, fee-based financial planning services, contact Matthew at 281.913.1844 or visit www.mtrfinancial.com.

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