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What Will Brad and Angie's New Baby Pay for College?


A new baby is apparently on its way for the seemingly never ending Jolie-Pitt family.


Angeline Jolie stepped out with her partner Brad Pitt and an obvious baby bump at the Independent Spirit Awards in Santa Monica February 23. Although the couple has not publically announced that they are expecting, when she walked the event's blue carpet in a tight fitting black dress, Jolie’s figure did all the talking necessary. Jolie’s new baby will be welcomed by 4-year old Pax as well as his brother Maddox, 6, sister Zahara, 2, and sister Shiloh, 20 months.


And when Jolie did not show at the Academy Awards, the ceremony's host, John Stewart, joked that he knew why: "It's tough getting 17 babysitters on Oscar night." As Jolie’s family continues to expand, so does the future price tag for the education of her babes. While the financial burden may not be the same for Pitt and Jolie as it is for others, it may be worth mentioning to all parents that the cost of tuition is growing at a rate much faster than that of inflation.


“Even for parents, like Brad and Angelina, it's wise to start thinking early about college costs. Put a plan together when kids are young," says Jeffrey Coghan of The Hartford Financial Services Group, Inc. (HIG). "[That] will only ease the pain of tuition bills later on." Talk about future pain. According to a 2007 CollegeBoard study, the average cost of tuition for both private and public four-year institutions was up more than 6% from 2006. If the trend continues, Coghan says, the Jolie-Pitts could end up forking over more than $1.6 million to sends their kids to college in California. Ouch.

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