How It Works
Each attendance-year cost=today’s annual cost×(1+inflation)^(years until enrollment+attendance year).
Target is the sum of projected attendance costs held at enrollment, conservatively assuming no investment return during college. Monthly deposits occur at month-end before enrollment; aid and tax benefits are excluded.
Reference Sources
FAQs
How does this calculator work?
Each attendance-year cost=today’s annual cost×(1+inflation)^(years until enrollment+attendance year).
What assumptions should I check?
Target is the sum of projected attendance costs held at enrollment, conservatively assuming no investment return during college. Monthly deposits occur at month-end before enrollment; aid and tax benefits are excluded.