Project total college cost with inflation and calculate the savings needed.
Each year of study costs more than the last because inflation continues during the course, so the total exceeds four times the first year. The required saving depends on the gap between cost inflation and investment return. When cost inflation exceeds investment return, saving loses ground in real terms, which is why the two rates matter more than the absolute amounts.
College Cost Projector
Future cost compounds at inflation; required saving is a future value annuity for the shortfall
Projections depend on assumptions that may not hold, and investment returns are not guaranteed. This is not financial advice. Consider tax-advantaged education savings vehicles available in your jurisdiction and consult a qualified adviser.
Future cost compounds at inflation; required saving is a future value annuity for the shortfall Each year of study costs more than the last because inflation continues during the course, so the total exceeds four times the first year. The required saving depends on the gap between cost inflation and investment return.
When cost inflation exceeds investment return, saving loses ground in real terms, which is why the two rates matter more than the absolute amounts.
This calculator takes 6 inputs: Annual cost today, Years until enrolment, Years of study, Annual cost inflation, Current savings, Expected investment return. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.