This calculator computes the amount you need to save each month in order to pay for college.
Today's yearly tuition
Years of college
Amount you have now
Years until college begins
Expected interest rate
Expected inflation rate
Show deposit schedule
In 8 years, 4 years of college will cost $76,845.56. At this rate, you would need to save $517.76 each month to reach the $76,845.56 goal.
This calculation assumes the following.
The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.
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