Skip Navigation LinksHome > Financial Aid > Calculators > Future College Cost & Savings Calculator

Future College Cost & Savings Calculator

Children traditionally enter college at age 18, and usually attend four to five years to obtain an undergraduate degree. College costs include tuition and fees, room and board, and other expenses. If you do not know the current cost of the college your child will attend, use the chart below. Since college costs historically have increased at a rate equal to twice the normal inflation rate, a 6% inflation rate is used with this calculator.

Annual Cost for College

Source of Information Public Community College Public 4-Year College Private 4-Year College
U.S. Dept. of Ed. $7,397 $10,058 $25,050

*Costs are estimated from the National Center for Education Statistics, U.S. Department of Education. Actual costs are determined by each individual college each fiscal year.

College Cost & Savings Calculator

Annual Current Cost of College
Years to Enrollment in College
Annual Percent Return on Investment
Type of School 2-Year school 4-Year school

Results

Estimated Cost of Years of College
Academic Year College Cost
/ $
/ + $
/ + $
/ + $
 
Total Estimated Cost = $
Annual Savings Required = $
Monthly Savings Required = $
Weekly Savings Required = $
 
Annual saving required based on % annual return on investment.

Latest College & Financial Aid News

Udacity Discontinues Free Certificates

by Suada Kolovic

With the cost of a college education continuing to skyrocket, Massive Open Online Courses (MOOCs) have become increasingly popular. If you’re not familiar with MOOCs, they provide students with the opportunity to study high quality courses online with prestigious universities – we’re talking Harvard, Yale and Stanford – for free. Well, at least, that used to be the case: Udacity, one of the [...]

Some High Schools Allow Students to Opt Out of Lunch for More Class Time

by Suada Kolovic

Today's high school students have to face some serious obstacles when applying to college. With ballooning numbers of applications and fierce competition, educators and college counselors have long sung the praises of AP courses to stand out but for those students looking for an even bigger leg up on the competition, some high schools are allowing students to skip lunch in order to take [...]

SOTW: A Voice for Animals Contest

by Suada Kolovic

The Humane Education Network is pleased to announce its Annual “A Voice for Animals Contest" high school contest with prizes totaling $6,000 across several categories including video, essay and blogs. This year the contest concentrates on active involvement in projects which strive to mitigate that suffering of animals. Only entrants in the 14-15 year old section of the competition [...]

Follow Us:

facebook twitter rss feed