Fixed or Variable Tuition Lock Decision

1,680 Views | 2 Replies | Last: 1 mo ago by flintdragon
brush99
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AG
My wife and I are looking at the Fixed vs Variable Tuition Lock Decision and have questions. It appears that the Variable will not go up for the 25'-26' and 26'-27' school years and my kids will both be freshman in the fall. Why does the estimator tool show the Fixed as costing ~$1000 more per year vs the Variable? With what appears to be $2000 savings over the two years it is making the decision difficult. That said, since the tuition will have been frozen since 22' there could be a significant jump in 27'-28' that is more than the $2000 saved.
aggie93
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AG
I did fixed with my son and variable would have ended up being cheaper.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
flintdragon
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AG
making the same decision now. It's pretty much a gamble but before all of the tuition freeze laws, it looks like variable was the way to go?

From official A&M website:
"Historically, the variable rate has increased each academic year, as it is subject to change from year to year during your academic career. To date, even with these increases, the variable rate amount has not surpassed the rate of the tuition locked rate."

Any thoughts?
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