How do I model the cost of college in the program?
Yes solution is to enter it as a Special Expense. Value is the cost of college "today" at that college probably including room and board. The age to start would be the client's age when the child begins college. Duration would be 4 for a 4 year degree or maybe 5 if on the 5 year plan. ALso you will want to set the inflation rates before and after it starts to probably 6% or more as college costs are going up at over twice the value of standard inflation, partly depending on the school.