What is this calculator?
Estimate future tuition cost after annual fee increases.
What can you use it for?
Use this tool to compare a financial scenario using the assumptions you control. Estimate future tuition cost after annual fee increases.
How to use it
- Enter current yearly cost.
- Enter annual increase (%).
- Enter years until college.
- Enter years attending.
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
The annual increase is applied during the waiting period and each year of attendance.
Worked example
Current yearly cost: 500000, Annual increase (%): 5, Years until college: 10, Years attending: 4. The result is 3,510,369.72661956 (projected total cost).
Assumptions and limits
This is a mathematical estimate using the values you enter. Confirm real product terms, fees, tax rules and dates before acting on it.
Frequently asked questions
What inputs does the College Cost Calculator need?
Use current yearly cost, annual increase (%), years until college, years attending. Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the College Cost Calculator?
This is a mathematical estimate using the values you enter. Confirm real product terms, fees, tax rules and dates before acting on it.