The total construction cost of a home accounts for 59.3 percent of the sales price in 2011, almost identical to the share of 58.9 percent in 2009. Finished lot costs account for 21.7 percent of the sales price, only slightly higher than the share of 20.3 percent in 2009. Not surprisingly, the share of sales price going to a builderâs profit has dropped from 8.9 percent in 2009 to an all-time low of 6.8 percent in 2011 (see historical comparison in Graph 1).
Obama Budget For Free Community College To Cost $1.4 Billion In 2016, $60 Billion Over Next Decade. U.S. President Barack Obama announced his free community college initiative during a visit to Pellissippi State College in Knoxville, Tennessee, on Jan. 9. Obama's proposed 2016 budget outlines details of the plan, which would likely cost $60 billion over 10 years. Photo: Reuters.
According to College Board, the average cost of college tuition and fees per year ranges from $8,893 - $30,094. This doesn't take into account room and board which according to Collegedata.com ranges from $9,500 - $10,830/year. Sum it up and a 4-year college education could cost you $80,000 - $160,000.Since the propaganda posters and the unpaid salesman (parents, teachers and guidance counselors) won't do the math, I'll do the math for you.ow that you know the total cost of your college education, let's see how much your student loan payments will be. According to the figures I previously provided, your student loans would range from $920/month - $1,840/month for 10 years.