Estimation of tuition for 17 years later

Estimate the tuition + fees + room, board... for resident only $20,000/year now (2006).

Therefore, it roughly needs $240,000 in 2023 for 4-year college.

Saving $467/month will roughly make it at 9% yield.

Please refer to http://apps.collegeboard.com/fincalc/college_savings.jsp