I’m surprised wall street hasn’t created a derivatives market for college tuition costs.
For example, Goldman could offer a $1000 option to allow you to pay your kid’s Ivy League education @ $60k/year in 2025 for 4 years, with the option contract expiring in 2030. The option would be considerably more expensive as the kid gets closer to high school. Of course, the option contract would be worthless if your kid doesn’t/can’t go to any of the Ivy League schools.
