Prepared for Utah Higher Education Assistance Authority
Prepared for: Utah Higher Education Assistance Authority
Evaluating proposed Target Enrollment Portfolio relative to current moderate and
aggressive paths: Probability of meeting college costs
100%
Public, in-state ($85,480)
92%95%95%
Public, out-of-state ($149,720)
100% 100% 100%
99%99%
100%
92%
80%
80%
60%
60%
40%
40%
21%
20%
20%
0% 0% 0%
6% 9%
0% 0% 0%
0%
0%
$1,000
$4,000
$8,000
$1,000
Private, average school ($194,040)
$4,000
Private, expensive school ($256,720)
$8,000
100%
86%
82%
76%
80%
60%
43%
40%
28%
20%
20%
0% 0% 0%
0%
$1,000
0% 0% 0%
$4,000
$8,000
Annual contribution
100%
80%
60%
40%
20%
0% 0% 0%
0% 1%
4%
0%
$1,000
$4,000
$8,000
Annual contribution
■Moderate
■Target Enrollment Aggressive
Portfolio
IMPORTANT: The projections and other information generated by the VCMM regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not
guarantees of future results. Distribution of return outcomes from the VCMM are derived from 10,000 simulations for each modeled asset class. Simulations are as of June 30, 2020. Results from the model may vary
with each use and over time. For more information, see the "Important information" slides.
Notes: College prices aren't adjusted for inflation. Expensive private school tuition assumption is $51,650. According to CollegeBoard, the average
annual 2018-2019 private, nonprofit, four-year college room/board and tuition were $12,680 and $35,830, respectively. Calculations assume that
contributions begin at birth and continue to age 18.
Source: Vanguard, based on VCMM simulations as of March 31, 2019. Source of college costs is CollegeBoard's Trends in College Pricing 2018.
For institutional use only. Not for distribution to retail investors. 20View entire presentation