The Education Cost Inflation rate is used to adjust education goals within RightCapital. This inflation rate will be used for:
The College and Pre-College goal cards
Any Expenses or Goals with an Annual Increase field that is set to "Education Inflation"
The default education cost inflation rate is 5%. This setting can be found and adjusted at the global level in the ... More Menu > Assumptions > Inflation tab of your Advisor Portal:
This setting can also be adjusted at the client level, within the Gear Icon > Settings > Other Assumptions tab of a particular client plan. Changes made here will only impact the specific client household you are currently working on:
