| Estimated Annual Cost in 2042 | $54,118 |
| Monthly savings required | $240 |
How much will it cost to send your child to Colby Community College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $108,235.23 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $240.44 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.
| Current Annual Cost | $15,470.00 |
| Years until enrollment | 18 |
| Annual Tuition Increase | 7% |
| Current Savings | $0.00 |
| After Tax Return on Savings | 7% |
| Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Colby Community College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $240.44 | $0.00 | $0.00 | $240.44 |
| 2 | $240.44 | $240.44 | $0.00 | $1.36 | $482.24 |
| 3 | $482.24 | $240.44 | $0.00 | $2.73 | $725.41 |
| 4 | $725.41 | $240.44 | $0.00 | $4.10 | $969.95 |
| 5 | $969.95 | $240.44 | $0.00 | $5.48 | $1,215.87 |
| 6 | $1,215.87 | $240.44 | $0.00 | $6.87 | $1,463.18 |
| 7 | $1,463.18 | $240.44 | $0.00 | $8.27 | $1,711.89 |
| 8 | $1,711.89 | $240.44 | $0.00 | $9.68 | $1,962.01 |
| 9 | $1,962.01 | $240.44 | $0.00 | $11.09 | $2,213.54 |
| 10 | $2,213.54 | $240.44 | $0.00 | $12.52 | $2,466.50 |
| 11 | $2,466.50 | $240.44 | $0.00 | $13.95 | $2,720.89 |
| 12 | $2,720.89 | $240.44 | $0.00 | $15.38 | $2,976.71 |
| 13 | $2,976.71 | $240.44 | $0.00 | $16.83 | $3,233.98 |
| 14 | $3,233.98 | $240.44 | $0.00 | $18.29 | $3,492.71 |
| 15 | $3,492.71 | $240.44 | $0.00 | $19.75 | $3,752.90 |
| 16 | $3,752.90 | $240.44 | $0.00 | $21.22 | $4,014.56 |
| 17 | $4,014.56 | $240.44 | $0.00 | $22.70 | $4,277.70 |
| 18 | $4,277.70 | $240.44 | $0.00 | $24.19 | $4,542.33 |
| 19 | $4,542.33 | $240.44 | $0.00 | $25.68 | $4,808.45 |
| 20 | $4,808.45 | $240.44 | $0.00 | $27.19 | $5,076.08 |
| 21 | $5,076.08 | $240.44 | $0.00 | $28.70 | $5,345.22 |
| 22 | $5,345.22 | $240.44 | $0.00 | $30.22 | $5,615.88 |
| 23 | $5,615.88 | $240.44 | $0.00 | $31.75 | $5,888.07 |
| 24 | $5,888.07 | $240.44 | $0.00 | $33.29 | $6,161.80 |
| 25 | $6,161.80 | $240.44 | $0.00 | $34.84 | $6,437.08 |
| 26 | $6,437.08 | $240.44 | $0.00 | $36.40 | $6,713.92 |
| 27 | $6,713.92 | $240.44 | $0.00 | $37.96 | $6,992.32 |
| 28 | $6,992.32 | $240.44 | $0.00 | $39.54 | $7,272.30 |
| 29 | $7,272.30 | $240.44 | $0.00 | $41.12 | $7,553.86 |
| 30 | $7,553.86 | $240.44 | $0.00 | $42.71 | $7,837.01 |
| 31 | $7,837.01 | $240.44 | $0.00 | $44.31 | $8,121.76 |
| 32 | $8,121.76 | $240.44 | $0.00 | $45.92 | $8,408.12 |
| 33 | $8,408.12 | $240.44 | $0.00 | $47.54 | $8,696.10 |
| 34 | $8,696.10 | $240.44 | $0.00 | $49.17 | $8,985.71 |
| 35 | $8,985.71 | $240.44 | $0.00 | $50.81 | $9,276.96 |
| 36 | $9,276.96 | $240.44 | $0.00 | $52.45 | $9,569.85 |
| 37 | $9,569.85 | $240.44 | $0.00 | $54.11 | $9,864.40 |
| 38 | $9,864.40 | $240.44 | $0.00 | $55.77 | $10,160.61 |
| 39 | $10,160.61 | $240.44 | $0.00 | $57.45 | $10,458.50 |
| 40 | $10,458.50 | $240.44 | $0.00 | $59.13 | $10,758.07 |
| 41 | $10,758.07 | $240.44 | $0.00 | $60.83 | $11,059.34 |
| 42 | $11,059.34 | $240.44 | $0.00 | $62.53 | $11,362.31 |
| 43 | $11,362.31 | $240.44 | $0.00 | $64.24 | $11,666.99 |
| 44 | $11,666.99 | $240.44 | $0.00 | $65.97 | $11,973.40 |
| 45 | $11,973.40 | $240.44 | $0.00 | $67.70 | $12,281.54 |
| 46 | $12,281.54 | $240.44 | $0.00 | $69.44 | $12,591.42 |
| 47 | $12,591.42 | $240.44 | $0.00 | $71.19 | $12,903.05 |
| 48 | $12,903.05 | $240.44 | $0.00 | $72.96 | $13,216.45 |
| 49 | $13,216.45 | $240.44 | $0.00 | $74.73 | $13,531.62 |
| 50 | $13,531.62 | $240.44 | $0.00 | $76.51 | $13,848.57 |
| 51 | $13,848.57 | $240.44 | $0.00 | $78.30 | $14,167.31 |
| 52 | $14,167.31 | $240.44 | $0.00 | $80.10 | $14,487.85 |
| 53 | $14,487.85 | $240.44 | $0.00 | $81.92 | $14,810.21 |
| 54 | $14,810.21 | $240.44 | $0.00 | $83.74 | $15,134.39 |
| 55 | $15,134.39 | $240.44 | $0.00 | $85.57 | $15,460.40 |
| 56 | $15,460.40 | $240.44 | $0.00 | $87.42 | $15,788.26 |
| 57 | $15,788.26 | $240.44 | $0.00 | $89.27 | $16,117.97 |
| 58 | $16,117.97 | $240.44 | $0.00 | $91.13 | $16,449.54 |
| 59 | $16,449.54 | $240.44 | $0.00 | $93.01 | $16,782.99 |
| 60 | $16,782.99 | $240.44 | $0.00 | $94.89 | $17,118.32 |
| 61 | $17,118.32 | $240.44 | $0.00 | $96.79 | $17,455.55 |
| 62 | $17,455.55 | $240.44 | $0.00 | $98.70 | $17,794.69 |
| 63 | $17,794.69 | $240.44 | $0.00 | $100.61 | $18,135.74 |
| 64 | $18,135.74 | $240.44 | $0.00 | $102.54 | $18,478.72 |
| 65 | $18,478.72 | $240.44 | $0.00 | $104.48 | $18,823.64 |
| 66 | $18,823.64 | $240.44 | $0.00 | $106.43 | $19,170.51 |
| 67 | $19,170.51 | $240.44 | $0.00 | $108.39 | $19,519.34 |
| 68 | $19,519.34 | $240.44 | $0.00 | $110.37 | $19,870.15 |
| 69 | $19,870.15 | $240.44 | $0.00 | $112.35 | $20,222.94 |
| 70 | $20,222.94 | $240.44 | $0.00 | $114.34 | $20,577.72 |
| 71 | $20,577.72 | $240.44 | $0.00 | $116.35 | $20,934.51 |
| 72 | $20,934.51 | $240.44 | $0.00 | $118.37 | $21,293.32 |
| 73 | $21,293.32 | $240.44 | $0.00 | $120.40 | $21,654.16 |
| 74 | $21,654.16 | $240.44 | $0.00 | $122.44 | $22,017.04 |
| 75 | $22,017.04 | $240.44 | $0.00 | $124.49 | $22,381.97 |
| 76 | $22,381.97 | $240.44 | $0.00 | $126.55 | $22,748.96 |
| 77 | $22,748.96 | $240.44 | $0.00 | $128.63 | $23,118.03 |
| 78 | $23,118.03 | $240.44 | $0.00 | $130.71 | $23,489.18 |
| 79 | $23,489.18 | $240.44 | $0.00 | $132.81 | $23,862.43 |
| 80 | $23,862.43 | $240.44 | $0.00 | $134.92 | $24,237.79 |
| 81 | $24,237.79 | $240.44 | $0.00 | $137.04 | $24,615.27 |
| 82 | $24,615.27 | $240.44 | $0.00 | $139.18 | $24,994.89 |
| 83 | $24,994.89 | $240.44 | $0.00 | $141.32 | $25,376.65 |
| 84 | $25,376.65 | $240.44 | $0.00 | $143.48 | $25,760.57 |
| 85 | $25,760.57 | $240.44 | $0.00 | $145.65 | $26,146.66 |
| 86 | $26,146.66 | $240.44 | $0.00 | $147.84 | $26,534.94 |
| 87 | $26,534.94 | $240.44 | $0.00 | $150.03 | $26,925.41 |
| 88 | $26,925.41 | $240.44 | $0.00 | $152.24 | $27,318.09 |
| 89 | $27,318.09 | $240.44 | $0.00 | $154.46 | $27,712.99 |
| 90 | $27,712.99 | $240.44 | $0.00 | $156.69 | $28,110.12 |
| 91 | $28,110.12 | $240.44 | $0.00 | $158.94 | $28,509.50 |
| 92 | $28,509.50 | $240.44 | $0.00 | $161.20 | $28,911.14 |
| 93 | $28,911.14 | $240.44 | $0.00 | $163.47 | $29,315.05 |
| 94 | $29,315.05 | $240.44 | $0.00 | $165.75 | $29,721.24 |
| 95 | $29,721.24 | $240.44 | $0.00 | $168.05 | $30,129.73 |
| 96 | $30,129.73 | $240.44 | $0.00 | $170.36 | $30,540.53 |
| 97 | $30,540.53 | $240.44 | $0.00 | $172.68 | $30,953.65 |
| 98 | $30,953.65 | $240.44 | $0.00 | $175.02 | $31,369.11 |
| 99 | $31,369.11 | $240.44 | $0.00 | $177.37 | $31,786.92 |
| 100 | $31,786.92 | $240.44 | $0.00 | $179.73 | $32,207.09 |
| 101 | $32,207.09 | $240.44 | $0.00 | $182.10 | $32,629.63 |
| 102 | $32,629.63 | $240.44 | $0.00 | $184.49 | $33,054.56 |
| 103 | $33,054.56 | $240.44 | $0.00 | $186.90 | $33,481.90 |
| 104 | $33,481.90 | $240.44 | $0.00 | $189.31 | $33,911.65 |
| 105 | $33,911.65 | $240.44 | $0.00 | $191.74 | $34,343.83 |
| 106 | $34,343.83 | $240.44 | $0.00 | $194.19 | $34,778.46 |
| 107 | $34,778.46 | $240.44 | $0.00 | $196.64 | $35,215.54 |
| 108 | $35,215.54 | $240.44 | $0.00 | $199.11 | $35,655.09 |
| 109 | $35,655.09 | $240.44 | $0.00 | $201.60 | $36,097.13 |
| 110 | $36,097.13 | $240.44 | $0.00 | $204.10 | $36,541.67 |
| 111 | $36,541.67 | $240.44 | $0.00 | $206.61 | $36,988.72 |
| 112 | $36,988.72 | $240.44 | $0.00 | $209.14 | $37,438.30 |
| 113 | $37,438.30 | $240.44 | $0.00 | $211.68 | $37,890.42 |
| 114 | $37,890.42 | $240.44 | $0.00 | $214.24 | $38,345.10 |
| 115 | $38,345.10 | $240.44 | $0.00 | $216.81 | $38,802.35 |
| 116 | $38,802.35 | $240.44 | $0.00 | $219.39 | $39,262.18 |
| 117 | $39,262.18 | $240.44 | $0.00 | $221.99 | $39,724.61 |
| 118 | $39,724.61 | $240.44 | $0.00 | $224.61 | $40,189.66 |
| 119 | $40,189.66 | $240.44 | $0.00 | $227.24 | $40,657.34 |
| 120 | $40,657.34 | $240.44 | $0.00 | $229.88 | $41,127.66 |
| 121 | $41,127.66 | $240.44 | $0.00 | $232.54 | $41,600.64 |
| 122 | $41,600.64 | $240.44 | $0.00 | $235.22 | $42,076.30 |
| 123 | $42,076.30 | $240.44 | $0.00 | $237.91 | $42,554.65 |
| 124 | $42,554.65 | $240.44 | $0.00 | $240.61 | $43,035.70 |
| 125 | $43,035.70 | $240.44 | $0.00 | $243.33 | $43,519.47 |
| 126 | $43,519.47 | $240.44 | $0.00 | $246.07 | $44,005.98 |
| 127 | $44,005.98 | $240.44 | $0.00 | $248.82 | $44,495.24 |
| 128 | $44,495.24 | $240.44 | $0.00 | $251.58 | $44,987.26 |
| 129 | $44,987.26 | $240.44 | $0.00 | $254.36 | $45,482.06 |
| 130 | $45,482.06 | $240.44 | $0.00 | $257.16 | $45,979.66 |
| 131 | $45,979.66 | $240.44 | $0.00 | $259.98 | $46,480.08 |
| 132 | $46,480.08 | $240.44 | $0.00 | $262.81 | $46,983.33 |
| 133 | $46,983.33 | $240.44 | $0.00 | $265.65 | $47,489.42 |
| 134 | $47,489.42 | $240.44 | $0.00 | $268.51 | $47,998.37 |
| 135 | $47,998.37 | $240.44 | $0.00 | $271.39 | $48,510.20 |
| 136 | $48,510.20 | $240.44 | $0.00 | $274.28 | $49,024.92 |
| 137 | $49,024.92 | $240.44 | $0.00 | $277.19 | $49,542.55 |
| 138 | $49,542.55 | $240.44 | $0.00 | $280.12 | $50,063.11 |
| 139 | $50,063.11 | $240.44 | $0.00 | $283.06 | $50,586.61 |
| 140 | $50,586.61 | $240.44 | $0.00 | $286.02 | $51,113.07 |
| 141 | $51,113.07 | $240.44 | $0.00 | $289.00 | $51,642.51 |
| 142 | $51,642.51 | $240.44 | $0.00 | $291.99 | $52,174.94 |
| 143 | $52,174.94 | $240.44 | $0.00 | $295.00 | $52,710.38 |
| 144 | $52,710.38 | $240.44 | $0.00 | $298.03 | $53,248.85 |
| 145 | $53,248.85 | $240.44 | $0.00 | $301.08 | $53,790.37 |
| 146 | $53,790.37 | $240.44 | $0.00 | $304.14 | $54,334.95 |
| 147 | $54,334.95 | $240.44 | $0.00 | $307.22 | $54,882.61 |
| 148 | $54,882.61 | $240.44 | $0.00 | $310.31 | $55,433.36 |
| 149 | $55,433.36 | $240.44 | $0.00 | $313.43 | $55,987.23 |
| 150 | $55,987.23 | $240.44 | $0.00 | $316.56 | $56,544.23 |
| 151 | $56,544.23 | $240.44 | $0.00 | $319.71 | $57,104.38 |
| 152 | $57,104.38 | $240.44 | $0.00 | $322.88 | $57,667.70 |
| 153 | $57,667.70 | $240.44 | $0.00 | $326.06 | $58,234.20 |
| 154 | $58,234.20 | $240.44 | $0.00 | $329.26 | $58,803.90 |
| 155 | $58,803.90 | $240.44 | $0.00 | $332.49 | $59,376.83 |
| 156 | $59,376.83 | $240.44 | $0.00 | $335.73 | $59,953.00 |
| 157 | $59,953.00 | $240.44 | $0.00 | $338.98 | $60,532.42 |
| 158 | $60,532.42 | $240.44 | $0.00 | $342.26 | $61,115.12 |
| 159 | $61,115.12 | $240.44 | $0.00 | $345.55 | $61,701.11 |
| 160 | $61,701.11 | $240.44 | $0.00 | $348.87 | $62,290.42 |
| 161 | $62,290.42 | $240.44 | $0.00 | $352.20 | $62,883.06 |
| 162 | $62,883.06 | $240.44 | $0.00 | $355.55 | $63,479.05 |
| 163 | $63,479.05 | $240.44 | $0.00 | $358.92 | $64,078.41 |
| 164 | $64,078.41 | $240.44 | $0.00 | $362.31 | $64,681.16 |
| 165 | $64,681.16 | $240.44 | $0.00 | $365.72 | $65,287.32 |
| 166 | $65,287.32 | $240.44 | $0.00 | $369.14 | $65,896.90 |
| 167 | $65,896.90 | $240.44 | $0.00 | $372.59 | $66,509.93 |
| 168 | $66,509.93 | $240.44 | $0.00 | $376.06 | $67,126.43 |
| 169 | $67,126.43 | $240.44 | $0.00 | $379.54 | $67,746.41 |
| 170 | $67,746.41 | $240.44 | $0.00 | $383.05 | $68,369.90 |
| 171 | $68,369.90 | $240.44 | $0.00 | $386.57 | $68,996.91 |
| 172 | $68,996.91 | $240.44 | $0.00 | $390.12 | $69,627.47 |
| 173 | $69,627.47 | $240.44 | $0.00 | $393.68 | $70,261.59 |
| 174 | $70,261.59 | $240.44 | $0.00 | $397.27 | $70,899.30 |
| 175 | $70,899.30 | $240.44 | $0.00 | $400.87 | $71,540.61 |
| 176 | $71,540.61 | $240.44 | $0.00 | $404.50 | $72,185.55 |
| 177 | $72,185.55 | $240.44 | $0.00 | $408.15 | $72,834.14 |
| 178 | $72,834.14 | $240.44 | $0.00 | $411.81 | $73,486.39 |
| 179 | $73,486.39 | $240.44 | $0.00 | $415.50 | $74,142.33 |
| 180 | $74,142.33 | $240.44 | $0.00 | $419.21 | $74,801.98 |
| 181 | $74,801.98 | $240.44 | $0.00 | $422.94 | $75,465.36 |
| 182 | $75,465.36 | $240.44 | $0.00 | $426.69 | $76,132.49 |
| 183 | $76,132.49 | $240.44 | $0.00 | $430.46 | $76,803.39 |
| 184 | $76,803.39 | $240.44 | $0.00 | $434.26 | $77,478.09 |
| 185 | $77,478.09 | $240.44 | $0.00 | $438.07 | $78,156.60 |
| 186 | $78,156.60 | $240.44 | $0.00 | $441.91 | $78,838.95 |
| 187 | $78,838.95 | $240.44 | $0.00 | $445.77 | $79,525.16 |
| 188 | $79,525.16 | $240.44 | $0.00 | $449.65 | $80,215.25 |
| 189 | $80,215.25 | $240.44 | $0.00 | $453.55 | $80,909.24 |
| 190 | $80,909.24 | $240.44 | $0.00 | $457.47 | $81,607.15 |
| 191 | $81,607.15 | $240.44 | $0.00 | $461.42 | $82,309.01 |
| 192 | $82,309.01 | $240.44 | $0.00 | $465.39 | $83,014.84 |
| 193 | $83,014.84 | $240.44 | $0.00 | $469.38 | $83,724.66 |
| 194 | $83,724.66 | $240.44 | $0.00 | $473.39 | $84,438.49 |
| 195 | $84,438.49 | $240.44 | $0.00 | $477.43 | $85,156.36 |
| 196 | $85,156.36 | $240.44 | $0.00 | $481.49 | $85,878.29 |
| 197 | $85,878.29 | $240.44 | $0.00 | $485.57 | $86,604.30 |
| 198 | $86,604.30 | $240.44 | $0.00 | $489.67 | $87,334.41 |
| 199 | $87,334.41 | $240.44 | $0.00 | $493.80 | $88,068.65 |
| 200 | $88,068.65 | $240.44 | $0.00 | $497.95 | $88,807.04 |
| 201 | $88,807.04 | $240.44 | $0.00 | $502.13 | $89,549.61 |
| 202 | $89,549.61 | $240.44 | $0.00 | $506.33 | $90,296.38 |
| 203 | $90,296.38 | $240.44 | $0.00 | $510.55 | $91,047.37 |
| 204 | $91,047.37 | $240.44 | $0.00 | $514.80 | $91,802.61 |
| 205 | $91,802.61 | $240.44 | $0.00 | $519.07 | $92,562.12 |
| 206 | $92,562.12 | $240.44 | $0.00 | $523.36 | $93,325.92 |
| 207 | $93,325.92 | $240.44 | $0.00 | $527.68 | $94,094.04 |
| 208 | $94,094.04 | $240.44 | $0.00 | $532.02 | $94,866.50 |
| 209 | $94,866.50 | $240.44 | $0.00 | $536.39 | $95,643.33 |
| 210 | $95,643.33 | $240.44 | $0.00 | $540.78 | $96,424.55 |
| 211 | $96,424.55 | $240.44 | $0.00 | $545.20 | $97,210.19 |
| 212 | $97,210.19 | $240.44 | $0.00 | $549.64 | $98,000.27 |
| 213 | $98,000.27 | $240.44 | $0.00 | $554.11 | $98,794.82 |
| 214 | $98,794.82 | $240.44 | $0.00 | $558.60 | $99,593.86 |
| 215 | $99,593.86 | $240.44 | $0.00 | $563.12 | $100,397.42 |
| 216 | $100,397.42 | $240.44 | $0.00 | $567.66 | $101,205.52 |
| 217 | $101,205.52 | $240.44 | $52,287.55 | $572.23 | $49,730.64 |
| 218 | $49,730.64 | $240.44 | $0.00 | $281.18 | $50,252.26 |
| 219 | $50,252.26 | $240.44 | $0.00 | $284.13 | $50,776.83 |
| 220 | $50,776.83 | $240.44 | $0.00 | $287.10 | $51,304.37 |
| 221 | $51,304.37 | $240.44 | $0.00 | $290.08 | $51,834.89 |
| 222 | $51,834.89 | $240.44 | $0.00 | $293.08 | $52,368.41 |
| 223 | $52,368.41 | $240.44 | $0.00 | $296.10 | $52,904.95 |
| 224 | $52,904.95 | $240.44 | $0.00 | $299.13 | $53,444.52 |
| 225 | $53,444.52 | $240.44 | $0.00 | $302.18 | $53,987.14 |
| 226 | $53,987.14 | $240.44 | $0.00 | $305.25 | $54,532.83 |
| 227 | $54,532.83 | $240.44 | $0.00 | $308.34 | $55,081.61 |
| 228 | $55,081.61 | $240.44 | $0.00 | $311.44 | $55,633.49 |
| 229 | $55,633.49 | $0.00 | $55,947.68 | $314.56 | $0.37 |