| Estimated Annual Cost in 2042 | $60,813 |
| Monthly savings required | $270 |
How much will it cost to send your child to Minnesota State Community and Technical College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $121,626.46 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $270.19 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 | $17,384.00 |
| 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 Minnesota State Community and Technical College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $270.19 | $0.00 | $0.00 | $270.19 |
| 2 | $270.19 | $270.19 | $0.00 | $1.53 | $541.91 |
| 3 | $541.91 | $270.19 | $0.00 | $3.06 | $815.16 |
| 4 | $815.16 | $270.19 | $0.00 | $4.61 | $1,089.96 |
| 5 | $1,089.96 | $270.19 | $0.00 | $6.16 | $1,366.31 |
| 6 | $1,366.31 | $270.19 | $0.00 | $7.73 | $1,644.23 |
| 7 | $1,644.23 | $270.19 | $0.00 | $9.30 | $1,923.72 |
| 8 | $1,923.72 | $270.19 | $0.00 | $10.88 | $2,204.79 |
| 9 | $2,204.79 | $270.19 | $0.00 | $12.47 | $2,487.45 |
| 10 | $2,487.45 | $270.19 | $0.00 | $14.06 | $2,771.70 |
| 11 | $2,771.70 | $270.19 | $0.00 | $15.67 | $3,057.56 |
| 12 | $3,057.56 | $270.19 | $0.00 | $17.29 | $3,345.04 |
| 13 | $3,345.04 | $270.19 | $0.00 | $18.91 | $3,634.14 |
| 14 | $3,634.14 | $270.19 | $0.00 | $20.55 | $3,924.88 |
| 15 | $3,924.88 | $270.19 | $0.00 | $22.19 | $4,217.26 |
| 16 | $4,217.26 | $270.19 | $0.00 | $23.85 | $4,511.30 |
| 17 | $4,511.30 | $270.19 | $0.00 | $25.51 | $4,807.00 |
| 18 | $4,807.00 | $270.19 | $0.00 | $27.18 | $5,104.37 |
| 19 | $5,104.37 | $270.19 | $0.00 | $28.86 | $5,403.42 |
| 20 | $5,403.42 | $270.19 | $0.00 | $30.55 | $5,704.16 |
| 21 | $5,704.16 | $270.19 | $0.00 | $32.25 | $6,006.60 |
| 22 | $6,006.60 | $270.19 | $0.00 | $33.96 | $6,310.75 |
| 23 | $6,310.75 | $270.19 | $0.00 | $35.68 | $6,616.62 |
| 24 | $6,616.62 | $270.19 | $0.00 | $37.41 | $6,924.22 |
| 25 | $6,924.22 | $270.19 | $0.00 | $39.15 | $7,233.56 |
| 26 | $7,233.56 | $270.19 | $0.00 | $40.90 | $7,544.65 |
| 27 | $7,544.65 | $270.19 | $0.00 | $42.66 | $7,857.50 |
| 28 | $7,857.50 | $270.19 | $0.00 | $44.43 | $8,172.12 |
| 29 | $8,172.12 | $270.19 | $0.00 | $46.21 | $8,488.52 |
| 30 | $8,488.52 | $270.19 | $0.00 | $48.00 | $8,806.71 |
| 31 | $8,806.71 | $270.19 | $0.00 | $49.79 | $9,126.69 |
| 32 | $9,126.69 | $270.19 | $0.00 | $51.60 | $9,448.48 |
| 33 | $9,448.48 | $270.19 | $0.00 | $53.42 | $9,772.09 |
| 34 | $9,772.09 | $270.19 | $0.00 | $55.25 | $10,097.53 |
| 35 | $10,097.53 | $270.19 | $0.00 | $57.09 | $10,424.81 |
| 36 | $10,424.81 | $270.19 | $0.00 | $58.94 | $10,753.94 |
| 37 | $10,753.94 | $270.19 | $0.00 | $60.80 | $11,084.93 |
| 38 | $11,084.93 | $270.19 | $0.00 | $62.68 | $11,417.80 |
| 39 | $11,417.80 | $270.19 | $0.00 | $64.56 | $11,752.55 |
| 40 | $11,752.55 | $270.19 | $0.00 | $66.45 | $12,089.19 |
| 41 | $12,089.19 | $270.19 | $0.00 | $68.35 | $12,427.73 |
| 42 | $12,427.73 | $270.19 | $0.00 | $70.27 | $12,768.19 |
| 43 | $12,768.19 | $270.19 | $0.00 | $72.19 | $13,110.57 |
| 44 | $13,110.57 | $270.19 | $0.00 | $74.13 | $13,454.89 |
| 45 | $13,454.89 | $270.19 | $0.00 | $76.08 | $13,801.16 |
| 46 | $13,801.16 | $270.19 | $0.00 | $78.03 | $14,149.38 |
| 47 | $14,149.38 | $270.19 | $0.00 | $80.00 | $14,499.57 |
| 48 | $14,499.57 | $270.19 | $0.00 | $81.98 | $14,851.74 |
| 49 | $14,851.74 | $270.19 | $0.00 | $83.97 | $15,205.90 |
| 50 | $15,205.90 | $270.19 | $0.00 | $85.98 | $15,562.07 |
| 51 | $15,562.07 | $270.19 | $0.00 | $87.99 | $15,920.25 |
| 52 | $15,920.25 | $270.19 | $0.00 | $90.02 | $16,280.46 |
| 53 | $16,280.46 | $270.19 | $0.00 | $92.05 | $16,642.70 |
| 54 | $16,642.70 | $270.19 | $0.00 | $94.10 | $17,006.99 |
| 55 | $17,006.99 | $270.19 | $0.00 | $96.16 | $17,373.34 |
| 56 | $17,373.34 | $270.19 | $0.00 | $98.23 | $17,741.76 |
| 57 | $17,741.76 | $270.19 | $0.00 | $100.31 | $18,112.26 |
| 58 | $18,112.26 | $270.19 | $0.00 | $102.41 | $18,484.86 |
| 59 | $18,484.86 | $270.19 | $0.00 | $104.52 | $18,859.57 |
| 60 | $18,859.57 | $270.19 | $0.00 | $106.63 | $19,236.39 |
| 61 | $19,236.39 | $270.19 | $0.00 | $108.77 | $19,615.35 |
| 62 | $19,615.35 | $270.19 | $0.00 | $110.91 | $19,996.45 |
| 63 | $19,996.45 | $270.19 | $0.00 | $113.06 | $20,379.70 |
| 64 | $20,379.70 | $270.19 | $0.00 | $115.23 | $20,765.12 |
| 65 | $20,765.12 | $270.19 | $0.00 | $117.41 | $21,152.72 |
| 66 | $21,152.72 | $270.19 | $0.00 | $119.60 | $21,542.51 |
| 67 | $21,542.51 | $270.19 | $0.00 | $121.80 | $21,934.50 |
| 68 | $21,934.50 | $270.19 | $0.00 | $124.02 | $22,328.71 |
| 69 | $22,328.71 | $270.19 | $0.00 | $126.25 | $22,725.15 |
| 70 | $22,725.15 | $270.19 | $0.00 | $128.49 | $23,123.83 |
| 71 | $23,123.83 | $270.19 | $0.00 | $130.75 | $23,524.77 |
| 72 | $23,524.77 | $270.19 | $0.00 | $133.01 | $23,927.97 |
| 73 | $23,927.97 | $270.19 | $0.00 | $135.29 | $24,333.45 |
| 74 | $24,333.45 | $270.19 | $0.00 | $137.58 | $24,741.22 |
| 75 | $24,741.22 | $270.19 | $0.00 | $139.89 | $25,151.30 |
| 76 | $25,151.30 | $270.19 | $0.00 | $142.21 | $25,563.70 |
| 77 | $25,563.70 | $270.19 | $0.00 | $144.54 | $25,978.43 |
| 78 | $25,978.43 | $270.19 | $0.00 | $146.89 | $26,395.51 |
| 79 | $26,395.51 | $270.19 | $0.00 | $149.24 | $26,814.94 |
| 80 | $26,814.94 | $270.19 | $0.00 | $151.62 | $27,236.75 |
| 81 | $27,236.75 | $270.19 | $0.00 | $154.00 | $27,660.94 |
| 82 | $27,660.94 | $270.19 | $0.00 | $156.40 | $28,087.53 |
| 83 | $28,087.53 | $270.19 | $0.00 | $158.81 | $28,516.53 |
| 84 | $28,516.53 | $270.19 | $0.00 | $161.24 | $28,947.96 |
| 85 | $28,947.96 | $270.19 | $0.00 | $163.68 | $29,381.83 |
| 86 | $29,381.83 | $270.19 | $0.00 | $166.13 | $29,818.15 |
| 87 | $29,818.15 | $270.19 | $0.00 | $168.60 | $30,256.94 |
| 88 | $30,256.94 | $270.19 | $0.00 | $171.08 | $30,698.21 |
| 89 | $30,698.21 | $270.19 | $0.00 | $173.57 | $31,141.97 |
| 90 | $31,141.97 | $270.19 | $0.00 | $176.08 | $31,588.24 |
| 91 | $31,588.24 | $270.19 | $0.00 | $178.60 | $32,037.03 |
| 92 | $32,037.03 | $270.19 | $0.00 | $181.14 | $32,488.36 |
| 93 | $32,488.36 | $270.19 | $0.00 | $183.69 | $32,942.24 |
| 94 | $32,942.24 | $270.19 | $0.00 | $186.26 | $33,398.69 |
| 95 | $33,398.69 | $270.19 | $0.00 | $188.84 | $33,857.72 |
| 96 | $33,857.72 | $270.19 | $0.00 | $191.44 | $34,319.35 |
| 97 | $34,319.35 | $270.19 | $0.00 | $194.05 | $34,783.59 |
| 98 | $34,783.59 | $270.19 | $0.00 | $196.67 | $35,250.45 |
| 99 | $35,250.45 | $270.19 | $0.00 | $199.31 | $35,719.95 |
| 100 | $35,719.95 | $270.19 | $0.00 | $201.97 | $36,192.11 |
| 101 | $36,192.11 | $270.19 | $0.00 | $204.64 | $36,666.94 |
| 102 | $36,666.94 | $270.19 | $0.00 | $207.32 | $37,144.45 |
| 103 | $37,144.45 | $270.19 | $0.00 | $210.02 | $37,624.66 |
| 104 | $37,624.66 | $270.19 | $0.00 | $212.74 | $38,107.59 |
| 105 | $38,107.59 | $270.19 | $0.00 | $215.47 | $38,593.25 |
| 106 | $38,593.25 | $270.19 | $0.00 | $218.21 | $39,081.65 |
| 107 | $39,081.65 | $270.19 | $0.00 | $220.97 | $39,572.81 |
| 108 | $39,572.81 | $270.19 | $0.00 | $223.75 | $40,066.75 |
| 109 | $40,066.75 | $270.19 | $0.00 | $226.54 | $40,563.48 |
| 110 | $40,563.48 | $270.19 | $0.00 | $229.35 | $41,063.02 |
| 111 | $41,063.02 | $270.19 | $0.00 | $232.18 | $41,565.39 |
| 112 | $41,565.39 | $270.19 | $0.00 | $235.02 | $42,070.60 |
| 113 | $42,070.60 | $270.19 | $0.00 | $237.87 | $42,578.66 |
| 114 | $42,578.66 | $270.19 | $0.00 | $240.75 | $43,089.60 |
| 115 | $43,089.60 | $270.19 | $0.00 | $243.63 | $43,603.42 |
| 116 | $43,603.42 | $270.19 | $0.00 | $246.54 | $44,120.15 |
| 117 | $44,120.15 | $270.19 | $0.00 | $249.46 | $44,639.80 |
| 118 | $44,639.80 | $270.19 | $0.00 | $252.40 | $45,162.39 |
| 119 | $45,162.39 | $270.19 | $0.00 | $255.35 | $45,687.93 |
| 120 | $45,687.93 | $270.19 | $0.00 | $258.33 | $46,216.45 |
| 121 | $46,216.45 | $270.19 | $0.00 | $261.31 | $46,747.95 |
| 122 | $46,747.95 | $270.19 | $0.00 | $264.32 | $47,282.46 |
| 123 | $47,282.46 | $270.19 | $0.00 | $267.34 | $47,819.99 |
| 124 | $47,819.99 | $270.19 | $0.00 | $270.38 | $48,360.56 |
| 125 | $48,360.56 | $270.19 | $0.00 | $273.44 | $48,904.19 |
| 126 | $48,904.19 | $270.19 | $0.00 | $276.51 | $49,450.89 |
| 127 | $49,450.89 | $270.19 | $0.00 | $279.60 | $50,000.68 |
| 128 | $50,000.68 | $270.19 | $0.00 | $282.71 | $50,553.58 |
| 129 | $50,553.58 | $270.19 | $0.00 | $285.84 | $51,109.61 |
| 130 | $51,109.61 | $270.19 | $0.00 | $288.98 | $51,668.78 |
| 131 | $51,668.78 | $270.19 | $0.00 | $292.14 | $52,231.11 |
| 132 | $52,231.11 | $270.19 | $0.00 | $295.32 | $52,796.62 |
| 133 | $52,796.62 | $270.19 | $0.00 | $298.52 | $53,365.33 |
| 134 | $53,365.33 | $270.19 | $0.00 | $301.74 | $53,937.26 |
| 135 | $53,937.26 | $270.19 | $0.00 | $304.97 | $54,512.42 |
| 136 | $54,512.42 | $270.19 | $0.00 | $308.22 | $55,090.83 |
| 137 | $55,090.83 | $270.19 | $0.00 | $311.49 | $55,672.51 |
| 138 | $55,672.51 | $270.19 | $0.00 | $314.78 | $56,257.48 |
| 139 | $56,257.48 | $270.19 | $0.00 | $318.09 | $56,845.76 |
| 140 | $56,845.76 | $270.19 | $0.00 | $321.41 | $57,437.36 |
| 141 | $57,437.36 | $270.19 | $0.00 | $324.76 | $58,032.31 |
| 142 | $58,032.31 | $270.19 | $0.00 | $328.12 | $58,630.62 |
| 143 | $58,630.62 | $270.19 | $0.00 | $331.51 | $59,232.32 |
| 144 | $59,232.32 | $270.19 | $0.00 | $334.91 | $59,837.42 |
| 145 | $59,837.42 | $270.19 | $0.00 | $338.33 | $60,445.94 |
| 146 | $60,445.94 | $270.19 | $0.00 | $341.77 | $61,057.90 |
| 147 | $61,057.90 | $270.19 | $0.00 | $345.23 | $61,673.32 |
| 148 | $61,673.32 | $270.19 | $0.00 | $348.71 | $62,292.22 |
| 149 | $62,292.22 | $270.19 | $0.00 | $352.21 | $62,914.62 |
| 150 | $62,914.62 | $270.19 | $0.00 | $355.73 | $63,540.54 |
| 151 | $63,540.54 | $270.19 | $0.00 | $359.27 | $64,170.00 |
| 152 | $64,170.00 | $270.19 | $0.00 | $362.83 | $64,803.02 |
| 153 | $64,803.02 | $270.19 | $0.00 | $366.41 | $65,439.62 |
| 154 | $65,439.62 | $270.19 | $0.00 | $370.01 | $66,079.82 |
| 155 | $66,079.82 | $270.19 | $0.00 | $373.62 | $66,723.63 |
| 156 | $66,723.63 | $270.19 | $0.00 | $377.27 | $67,371.09 |
| 157 | $67,371.09 | $270.19 | $0.00 | $380.93 | $68,022.21 |
| 158 | $68,022.21 | $270.19 | $0.00 | $384.61 | $68,677.01 |
| 159 | $68,677.01 | $270.19 | $0.00 | $388.31 | $69,335.51 |
| 160 | $69,335.51 | $270.19 | $0.00 | $392.03 | $69,997.73 |
| 161 | $69,997.73 | $270.19 | $0.00 | $395.78 | $70,663.70 |
| 162 | $70,663.70 | $270.19 | $0.00 | $399.54 | $71,333.43 |
| 163 | $71,333.43 | $270.19 | $0.00 | $403.33 | $72,006.95 |
| 164 | $72,006.95 | $270.19 | $0.00 | $407.14 | $72,684.28 |
| 165 | $72,684.28 | $270.19 | $0.00 | $410.97 | $73,365.44 |
| 166 | $73,365.44 | $270.19 | $0.00 | $414.82 | $74,050.45 |
| 167 | $74,050.45 | $270.19 | $0.00 | $418.69 | $74,739.33 |
| 168 | $74,739.33 | $270.19 | $0.00 | $422.59 | $75,432.11 |
| 169 | $75,432.11 | $270.19 | $0.00 | $426.50 | $76,128.80 |
| 170 | $76,128.80 | $270.19 | $0.00 | $430.44 | $76,829.43 |
| 171 | $76,829.43 | $270.19 | $0.00 | $434.40 | $77,534.02 |
| 172 | $77,534.02 | $270.19 | $0.00 | $438.39 | $78,242.60 |
| 173 | $78,242.60 | $270.19 | $0.00 | $442.40 | $78,955.19 |
| 174 | $78,955.19 | $270.19 | $0.00 | $446.42 | $79,671.80 |
| 175 | $79,671.80 | $270.19 | $0.00 | $450.48 | $80,392.47 |
| 176 | $80,392.47 | $270.19 | $0.00 | $454.55 | $81,117.21 |
| 177 | $81,117.21 | $270.19 | $0.00 | $458.65 | $81,846.05 |
| 178 | $81,846.05 | $270.19 | $0.00 | $462.77 | $82,579.01 |
| 179 | $82,579.01 | $270.19 | $0.00 | $466.91 | $83,316.11 |
| 180 | $83,316.11 | $270.19 | $0.00 | $471.08 | $84,057.38 |
| 181 | $84,057.38 | $270.19 | $0.00 | $475.27 | $84,802.84 |
| 182 | $84,802.84 | $270.19 | $0.00 | $479.49 | $85,552.52 |
| 183 | $85,552.52 | $270.19 | $0.00 | $483.73 | $86,306.44 |
| 184 | $86,306.44 | $270.19 | $0.00 | $487.99 | $87,064.62 |
| 185 | $87,064.62 | $270.19 | $0.00 | $492.28 | $87,827.09 |
| 186 | $87,827.09 | $270.19 | $0.00 | $496.59 | $88,593.87 |
| 187 | $88,593.87 | $270.19 | $0.00 | $500.92 | $89,364.98 |
| 188 | $89,364.98 | $270.19 | $0.00 | $505.28 | $90,140.45 |
| 189 | $90,140.45 | $270.19 | $0.00 | $509.67 | $90,920.31 |
| 190 | $90,920.31 | $270.19 | $0.00 | $514.08 | $91,704.58 |
| 191 | $91,704.58 | $270.19 | $0.00 | $518.51 | $92,493.28 |
| 192 | $92,493.28 | $270.19 | $0.00 | $522.97 | $93,286.44 |
| 193 | $93,286.44 | $270.19 | $0.00 | $527.46 | $94,084.09 |
| 194 | $94,084.09 | $270.19 | $0.00 | $531.97 | $94,886.25 |
| 195 | $94,886.25 | $270.19 | $0.00 | $536.50 | $95,692.94 |
| 196 | $95,692.94 | $270.19 | $0.00 | $541.06 | $96,504.19 |
| 197 | $96,504.19 | $270.19 | $0.00 | $545.65 | $97,320.03 |
| 198 | $97,320.03 | $270.19 | $0.00 | $550.26 | $98,140.48 |
| 199 | $98,140.48 | $270.19 | $0.00 | $554.90 | $98,965.57 |
| 200 | $98,965.57 | $270.19 | $0.00 | $559.57 | $99,795.33 |
| 201 | $99,795.33 | $270.19 | $0.00 | $564.26 | $100,629.78 |
| 202 | $100,629.78 | $270.19 | $0.00 | $568.98 | $101,468.95 |
| 203 | $101,468.95 | $270.19 | $0.00 | $573.72 | $102,312.86 |
| 204 | $102,312.86 | $270.19 | $0.00 | $578.49 | $103,161.54 |
| 205 | $103,161.54 | $270.19 | $0.00 | $583.29 | $104,015.02 |
| 206 | $104,015.02 | $270.19 | $0.00 | $588.12 | $104,873.33 |
| 207 | $104,873.33 | $270.19 | $0.00 | $592.97 | $105,736.49 |
| 208 | $105,736.49 | $270.19 | $0.00 | $597.85 | $106,604.53 |
| 209 | $106,604.53 | $270.19 | $0.00 | $602.76 | $107,477.48 |
| 210 | $107,477.48 | $270.19 | $0.00 | $607.69 | $108,355.36 |
| 211 | $108,355.36 | $270.19 | $0.00 | $612.66 | $109,238.21 |
| 212 | $109,238.21 | $270.19 | $0.00 | $617.65 | $110,126.05 |
| 213 | $110,126.05 | $270.19 | $0.00 | $622.67 | $111,018.91 |
| 214 | $111,018.91 | $270.19 | $0.00 | $627.72 | $111,916.82 |
| 215 | $111,916.82 | $270.19 | $0.00 | $632.79 | $112,819.80 |
| 216 | $112,819.80 | $270.19 | $0.00 | $637.90 | $113,727.89 |
| 217 | $113,727.89 | $270.19 | $58,756.74 | $643.03 | $55,884.37 |
| 218 | $55,884.37 | $270.19 | $0.00 | $315.98 | $56,470.54 |
| 219 | $56,470.54 | $270.19 | $0.00 | $319.29 | $57,060.02 |
| 220 | $57,060.02 | $270.19 | $0.00 | $322.63 | $57,652.84 |
| 221 | $57,652.84 | $270.19 | $0.00 | $325.98 | $58,249.01 |
| 222 | $58,249.01 | $270.19 | $0.00 | $329.35 | $58,848.55 |
| 223 | $58,848.55 | $270.19 | $0.00 | $332.74 | $59,451.48 |
| 224 | $59,451.48 | $270.19 | $0.00 | $336.15 | $60,057.82 |
| 225 | $60,057.82 | $270.19 | $0.00 | $339.58 | $60,667.59 |
| 226 | $60,667.59 | $270.19 | $0.00 | $343.02 | $61,280.80 |
| 227 | $61,280.80 | $270.19 | $0.00 | $346.49 | $61,897.48 |
| 228 | $61,897.48 | $270.19 | $0.00 | $349.98 | $62,517.65 |
| 229 | $62,517.65 | $0.00 | $62,869.71 | $353.48 | $1.42 |