College Cost Calculator
Understanding College Costs
College costs rise faster than general inflation (5-8% annually). Planning early helps estimate future costs. Consider tuition, room, board, and other expenses.
Key Points
- College inflation: 5-8% per year
- 4-year degree costs compound significantly
- 529 plans offer tax advantages
💡 Tips
- Start saving early
- Use 529 education savings plans
- Consider community college for first 2 years
- Factor in all costs, not just tuition