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Long Term Planning for College

The costs of higher education are rising each year. That's why saving for your child's college education should be thought of as a long-term project. This calculator helps you develop a savings strategy to cope with these escalating costs. To change the pre-filled values, simply type new values over them.

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Estimated College Costs
    Child 1 Child 2 Child 3  
  Annual Cost of Attendance:  $   $   $   
  Years Until Child Starts College:              
  Projected Annual Cost Increase:     %     %     %  
  Projected Number of Years of College:              
  Estimated College Cost:  $   $   $   
Future Value of Current Savings
  Current Savings for College:  $   $   $   
  Current Monthly Savings:  $   $   $   
  Annual Projected Earnings Percentage from Savings:     %     %     %  
  Estimated Savings When Child Goes to College:  $   $   $   
Additional Savings Required
  Shortfall:  $   $   $   
  Monthly Savings Required:  $   $   $   
  Total Monthly Savings Target for All Children:
 $ 
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