Advertisement
Ad Slot: top-banner
College costs continue to rise. Planning ahead helps you and your family prepare for this major investment. This calculator estimates total education costs including tuition inflation.
College Cost Calculator
Results
Total Estimated Cost
$160,000.00
With Inflation
$172,405.00
Funding Gap
$162,405.00
Monthly Savings Needed
281 yr 11.4375 mo
Sponsored
Financial Planning Tools
Take control of your finances with comprehensive planning tools.
Explore ToolsWe may earn a commission from partner links. This does not affect our recommendations.
Advertisement
Ad Slot: in-content
How It Works
We project annual costs forward using an inflation rate, then sum all years to get the total cost. Subtract any savings or financial aid to see the funding gap.
Formula
Year N Cost = Base Cost × (1 + Inflation)^N; Total = Sum of all years; Gap = Total - Savings - AidAssumptions
- Costs increase at a fixed annual rate
- Financial aid amount is constant
- Current savings earn interest
- 4-year program by default
Frequently Asked Questions
Related Calculators
Student Loan
Estimate student loan payments and total cost across different repayment plans.
Savings Goal
Calculate how much you need to save monthly to reach your financial goal.
Compound Interest
See how your money grows over time with compound interest, recurring contributions, and optional inflation adjustment.
Budget
Create a simple budget and see your savings rate, spending breakdown, and recommendations.
Advertisement
Ad Slot: sidebar