College Cost Calculator
Save now for a 4-year degree later.
Project the future cost of college and required monthly savings.
What you enter
- Current annual cost
- Years until college
- College cost inflation
- Investment return
Worked example
With the default inputs:
- Current annual cost: $28,000
- Years until college: 12
- College cost inflation: 5%
- Investment return: 6%
| Future 4-year cost | $201,135.91 |
|---|---|
| Future annual cost | $50,283.98 |
| Monthly savings needed | $957.11 |