How much will it cost your children to go to Rutgers University--New Brunswick?
If you are a Freshman at Rutgers University--New Brunswick today, your child could pay an estimated $58K to $87K for tuition and fees, in today’s dollars, to attend the same school. That's an increase of $27K compared to the cost today.
Estimate 1 is based on the school's average tuition increase over the last 10 years.
Estimate 2 is based on the school's average tuition increase over the last 3 years.
Annual Inflation vs. Tuition Change at Rutgers University--New Brunswick
For the past decade, annual inflation has averaged 1.8%, while Rutgers University--New Brunswick has increased costs 3.2% per year.
Rutgers University--New Brunswick Annual Tuition in 2019 Dollars
After adjusting for inflation, Rutgers University--New Brunswick tuition & fees are up 13.8% over the past decade
Projected Tuition & Fees Over Time
If you are a Freshman today, your child will pay $15K to $22K / year, in today’s dollars, to attend Rutgers University--New Brunswick.
Estimate 1 is based on the school's average tuition increase over the last 10 years.
Estimate 2 is based on the school's average tuition increase over the last 3 years.
Projected Tuition & Fees Over Time
If you are a Freshman today, your child will pay $15K to $22K / year, in today’s dollars, to attend Rutgers University--New Brunswick.
Estimate 1 is based on the school's average tuition increase over the last 10 years.
Estimate 2 is based on the school's average tuition increase over the last 3 years.
See what could happen at your school or alma mater
How did we run the numbers?
- Step 1: Look at nominal tuition and mandatory fees for each school, as reported by IPEDS. This includes data through the 2017-18 academic year.
- Step 2: Adjust historical tuition + fees for 2019 dollars. Multiply nominal data by inflation factor. Specifically, anchor on 2019, look at Bureau of Labor Statistics data on what a dollar in 2018 is worth in 2019, for example. Repeat the process for all previous years.
- Step 3: Now that you have inflation adjusted tuition + fees, calculate the compound annual growth rate (CAGR) over the past 10 years. Mechanically, the formula is (Final Year Tuition / First Year Tuition)^(1/10)-1. You can also do this over a 3 year period.
- Step 4: Project future costs. We've already adjusted for inflation in the previous step, so the formula is (2019 tuition + fees) X (1 + Inflation Adjusted CAGR)^(t years in the future).