The answer to this can vary widely depending on when your child will be attending college, the type of school they want to attend, and what their living arrangements will be. For example, if your child will attend a public college in the 2030-2031 school year, you can expect tuition to cost around $40,000. If they’ll be attending a private college in that same year, you can expect annual tuition costs to be over $90,000 for most schools.