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The cost of a four-year university degree for a child born in 2013 could rise to more than $140,000 due to tuition inflation, a new study says.
Lower Tuition Costs. The cost for attending some out-of-state colleges may actually be less than an in-state college. For example, a California resident attending the University of California at Santa Barbara costs around $30,000. That same student may attend the University of Arkansas for around $26,000, Purdue University in Indiana for around $28,000, or the University of Kansas for around $23,000.