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Calculators

How much is college going to cost you and your family? Having a clear idea of what a particular college will really cost you can help you make and stick to a savings plan. Get estimates and answers to your questions about college costs with these tools.

College Cost Worksheet
How much will college cost? Tuition is just one part of the total cost, so what else can be expected? Calculating your estimated average net price will give you the best insight as to how much college will really cost you. Use our college cost worksheet to estimate the true cost for four years of college. Please click here. Please click here.

Savings Planner
Saving for your child's college education is a long-term plan, and the earlier you start, the better. Use our college savings calculator to figure savings goals for your child. Please click here.

Future Cost Savings
Estimate what the future cost of a college education may be when your child reaches college age, and the current monthly savings required to achieve that amount. The earlier you start saving, the more you will be able to save. Please click here.

Monthly Loan Payment
How much will you pay a month after graduation? Enter a loan amount, interest rate and the loan term to find out. Please click here.

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$100 Million Grainger Gift Garners New School Name at U of I

April 17, 2019

by Susan Dutca

The University of Illinois at Urbana-Champaign's engineering school will soon be called the "Grainger College of Engineering" after receiving another $100 million gift from The Grainger Foundation. The Grainger donation is the largest amount ever gifted to a public university to rename a college. [...]

Essay Mills Providing a "Side Door" for College Students

April 9, 2019

by Susan Dutca

Thirteen parents and one coach charged in the "Operation Varsity Blues" college cheating scandal will plead guilty in accordance with plea agreements. While elite parents implicated in the admissions scandal cheated to help their children get into college, there is a growing concern about how students, in general, may be cheating their way through college; specifically by buying ghostwritten essays online. [...]

Auctioning Off College Admissions Seats?

April 2, 2019

by Susan Dutca

Why not have schools auction off college seats to the highest bidder? The question was posed by a senior vice president at the Harvard Management Company on his public LinkedIn page amid the recent national college admissions cheating scandal. According to Michael Cappucci, it is simply "an honest question." He goes on to ask, "Why do we have a system where wealthy parents have to make shady payments to even more shady intermediaries to get their kids into college?" The post, which has since been removed but still drew much online anger was authored by Cappucci who is "not a top official" at the company; many people still presumed Harvard is connected to his idea, according to Inside Higher Ed, but Harvard was quick to distance itself from the LinkedIn post. [...]

Last Reviewed: April 2019