Estimated Annual Cost in 2042 | $103,899 |
Monthly savings required | $821 |
How much will it cost to send your child to Lake Superior State University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $415,595.73 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $821.13 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 | $27,694.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford Lake Superior State University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $821.13 | $0.00 | $0.00 | $821.13 |
2 | $821.13 | $821.13 | $0.00 | $4.64 | $1,646.90 |
3 | $1,646.90 | $821.13 | $0.00 | $9.31 | $2,477.34 |
4 | $2,477.34 | $821.13 | $0.00 | $14.01 | $3,312.48 |
5 | $3,312.48 | $821.13 | $0.00 | $18.73 | $4,152.34 |
6 | $4,152.34 | $821.13 | $0.00 | $23.48 | $4,996.95 |
7 | $4,996.95 | $821.13 | $0.00 | $28.25 | $5,846.33 |
8 | $5,846.33 | $821.13 | $0.00 | $33.06 | $6,700.52 |
9 | $6,700.52 | $821.13 | $0.00 | $37.89 | $7,559.54 |
10 | $7,559.54 | $821.13 | $0.00 | $42.74 | $8,423.41 |
11 | $8,423.41 | $821.13 | $0.00 | $47.63 | $9,292.17 |
12 | $9,292.17 | $821.13 | $0.00 | $52.54 | $10,165.84 |
13 | $10,165.84 | $821.13 | $0.00 | $57.48 | $11,044.45 |
14 | $11,044.45 | $821.13 | $0.00 | $62.45 | $11,928.03 |
15 | $11,928.03 | $821.13 | $0.00 | $67.44 | $12,816.60 |
16 | $12,816.60 | $821.13 | $0.00 | $72.47 | $13,710.20 |
17 | $13,710.20 | $821.13 | $0.00 | $77.52 | $14,608.85 |
18 | $14,608.85 | $821.13 | $0.00 | $82.60 | $15,512.58 |
19 | $15,512.58 | $821.13 | $0.00 | $87.71 | $16,421.42 |
20 | $16,421.42 | $821.13 | $0.00 | $92.85 | $17,335.40 |
21 | $17,335.40 | $821.13 | $0.00 | $98.02 | $18,254.55 |
22 | $18,254.55 | $821.13 | $0.00 | $103.21 | $19,178.89 |
23 | $19,178.89 | $821.13 | $0.00 | $108.44 | $20,108.46 |
24 | $20,108.46 | $821.13 | $0.00 | $113.70 | $21,043.29 |
25 | $21,043.29 | $821.13 | $0.00 | $118.98 | $21,983.40 |
26 | $21,983.40 | $821.13 | $0.00 | $124.30 | $22,928.83 |
27 | $22,928.83 | $821.13 | $0.00 | $129.64 | $23,879.60 |
28 | $23,879.60 | $821.13 | $0.00 | $135.02 | $24,835.75 |
29 | $24,835.75 | $821.13 | $0.00 | $140.42 | $25,797.30 |
30 | $25,797.30 | $821.13 | $0.00 | $145.86 | $26,764.29 |
31 | $26,764.29 | $821.13 | $0.00 | $151.33 | $27,736.75 |
32 | $27,736.75 | $821.13 | $0.00 | $156.83 | $28,714.71 |
33 | $28,714.71 | $821.13 | $0.00 | $162.36 | $29,698.20 |
34 | $29,698.20 | $821.13 | $0.00 | $167.92 | $30,687.25 |
35 | $30,687.25 | $821.13 | $0.00 | $173.51 | $31,681.89 |
36 | $31,681.89 | $821.13 | $0.00 | $179.13 | $32,682.15 |
37 | $32,682.15 | $821.13 | $0.00 | $184.79 | $33,688.07 |
38 | $33,688.07 | $821.13 | $0.00 | $190.48 | $34,699.68 |
39 | $34,699.68 | $821.13 | $0.00 | $196.20 | $35,717.01 |
40 | $35,717.01 | $821.13 | $0.00 | $201.95 | $36,740.09 |
41 | $36,740.09 | $821.13 | $0.00 | $207.73 | $37,768.95 |
42 | $37,768.95 | $821.13 | $0.00 | $213.55 | $38,803.63 |
43 | $38,803.63 | $821.13 | $0.00 | $219.40 | $39,844.16 |
44 | $39,844.16 | $821.13 | $0.00 | $225.28 | $40,890.57 |
45 | $40,890.57 | $821.13 | $0.00 | $231.20 | $41,942.90 |
46 | $41,942.90 | $821.13 | $0.00 | $237.15 | $43,001.18 |
47 | $43,001.18 | $821.13 | $0.00 | $243.13 | $44,065.44 |
48 | $44,065.44 | $821.13 | $0.00 | $249.15 | $45,135.72 |
49 | $45,135.72 | $821.13 | $0.00 | $255.20 | $46,212.05 |
50 | $46,212.05 | $821.13 | $0.00 | $261.29 | $47,294.47 |
51 | $47,294.47 | $821.13 | $0.00 | $267.41 | $48,383.01 |
52 | $48,383.01 | $821.13 | $0.00 | $273.56 | $49,477.70 |
53 | $49,477.70 | $821.13 | $0.00 | $279.75 | $50,578.58 |
54 | $50,578.58 | $821.13 | $0.00 | $285.98 | $51,685.69 |
55 | $51,685.69 | $821.13 | $0.00 | $292.24 | $52,799.06 |
56 | $52,799.06 | $821.13 | $0.00 | $298.53 | $53,918.72 |
57 | $53,918.72 | $821.13 | $0.00 | $304.86 | $55,044.71 |
58 | $55,044.71 | $821.13 | $0.00 | $311.23 | $56,177.07 |
59 | $56,177.07 | $821.13 | $0.00 | $317.63 | $57,315.83 |
60 | $57,315.83 | $821.13 | $0.00 | $324.07 | $58,461.03 |
61 | $58,461.03 | $821.13 | $0.00 | $330.55 | $59,612.71 |
62 | $59,612.71 | $821.13 | $0.00 | $337.06 | $60,770.90 |
63 | $60,770.90 | $821.13 | $0.00 | $343.61 | $61,935.64 |
64 | $61,935.64 | $821.13 | $0.00 | $350.19 | $63,106.96 |
65 | $63,106.96 | $821.13 | $0.00 | $356.82 | $64,284.91 |
66 | $64,284.91 | $821.13 | $0.00 | $363.48 | $65,469.52 |
67 | $65,469.52 | $821.13 | $0.00 | $370.17 | $66,660.82 |
68 | $66,660.82 | $821.13 | $0.00 | $376.91 | $67,858.86 |
69 | $67,858.86 | $821.13 | $0.00 | $383.68 | $69,063.67 |
70 | $69,063.67 | $821.13 | $0.00 | $390.50 | $70,275.30 |
71 | $70,275.30 | $821.13 | $0.00 | $397.35 | $71,493.78 |
72 | $71,493.78 | $821.13 | $0.00 | $404.24 | $72,719.15 |
73 | $72,719.15 | $821.13 | $0.00 | $411.16 | $73,951.44 |
74 | $73,951.44 | $821.13 | $0.00 | $418.13 | $75,190.70 |
75 | $75,190.70 | $821.13 | $0.00 | $425.14 | $76,436.97 |
76 | $76,436.97 | $821.13 | $0.00 | $432.19 | $77,690.29 |
77 | $77,690.29 | $821.13 | $0.00 | $439.27 | $78,950.69 |
78 | $78,950.69 | $821.13 | $0.00 | $446.40 | $80,218.22 |
79 | $80,218.22 | $821.13 | $0.00 | $453.57 | $81,492.92 |
80 | $81,492.92 | $821.13 | $0.00 | $460.77 | $82,774.82 |
81 | $82,774.82 | $821.13 | $0.00 | $468.02 | $84,063.97 |
82 | $84,063.97 | $821.13 | $0.00 | $475.31 | $85,360.41 |
83 | $85,360.41 | $821.13 | $0.00 | $482.64 | $86,664.18 |
84 | $86,664.18 | $821.13 | $0.00 | $490.01 | $87,975.32 |
85 | $87,975.32 | $821.13 | $0.00 | $497.43 | $89,293.88 |
86 | $89,293.88 | $821.13 | $0.00 | $504.88 | $90,619.89 |
87 | $90,619.89 | $821.13 | $0.00 | $512.38 | $91,953.40 |
88 | $91,953.40 | $821.13 | $0.00 | $519.92 | $93,294.45 |
89 | $93,294.45 | $821.13 | $0.00 | $527.50 | $94,643.08 |
90 | $94,643.08 | $821.13 | $0.00 | $535.13 | $95,999.34 |
91 | $95,999.34 | $821.13 | $0.00 | $542.79 | $97,363.26 |
92 | $97,363.26 | $821.13 | $0.00 | $550.51 | $98,734.90 |
93 | $98,734.90 | $821.13 | $0.00 | $558.26 | $100,114.29 |
94 | $100,114.29 | $821.13 | $0.00 | $566.06 | $101,501.48 |
95 | $101,501.48 | $821.13 | $0.00 | $573.90 | $102,896.51 |
96 | $102,896.51 | $821.13 | $0.00 | $581.79 | $104,299.43 |
97 | $104,299.43 | $821.13 | $0.00 | $589.72 | $105,710.28 |
98 | $105,710.28 | $821.13 | $0.00 | $597.70 | $107,129.11 |
99 | $107,129.11 | $821.13 | $0.00 | $605.72 | $108,555.96 |
100 | $108,555.96 | $821.13 | $0.00 | $613.79 | $109,990.88 |
101 | $109,990.88 | $821.13 | $0.00 | $621.90 | $111,433.91 |
102 | $111,433.91 | $821.13 | $0.00 | $630.06 | $112,885.10 |
103 | $112,885.10 | $821.13 | $0.00 | $638.27 | $114,344.50 |
104 | $114,344.50 | $821.13 | $0.00 | $646.52 | $115,812.15 |
105 | $115,812.15 | $821.13 | $0.00 | $654.82 | $117,288.10 |
106 | $117,288.10 | $821.13 | $0.00 | $663.16 | $118,772.39 |
107 | $118,772.39 | $821.13 | $0.00 | $671.56 | $120,265.08 |
108 | $120,265.08 | $821.13 | $0.00 | $680.00 | $121,766.21 |
109 | $121,766.21 | $821.13 | $0.00 | $688.48 | $123,275.82 |
110 | $123,275.82 | $821.13 | $0.00 | $697.02 | $124,793.97 |
111 | $124,793.97 | $821.13 | $0.00 | $705.60 | $126,320.70 |
112 | $126,320.70 | $821.13 | $0.00 | $714.24 | $127,856.07 |
113 | $127,856.07 | $821.13 | $0.00 | $722.92 | $129,400.12 |
114 | $129,400.12 | $821.13 | $0.00 | $731.65 | $130,952.90 |
115 | $130,952.90 | $821.13 | $0.00 | $740.43 | $132,514.46 |
116 | $132,514.46 | $821.13 | $0.00 | $749.26 | $134,084.85 |
117 | $134,084.85 | $821.13 | $0.00 | $758.14 | $135,664.12 |
118 | $135,664.12 | $821.13 | $0.00 | $767.06 | $137,252.31 |
119 | $137,252.31 | $821.13 | $0.00 | $776.04 | $138,849.48 |
120 | $138,849.48 | $821.13 | $0.00 | $785.08 | $140,455.69 |
121 | $140,455.69 | $821.13 | $0.00 | $794.16 | $142,070.98 |
122 | $142,070.98 | $821.13 | $0.00 | $803.29 | $143,695.40 |
123 | $143,695.40 | $821.13 | $0.00 | $812.47 | $145,329.00 |
124 | $145,329.00 | $821.13 | $0.00 | $821.71 | $146,971.84 |
125 | $146,971.84 | $821.13 | $0.00 | $831.00 | $148,623.97 |
126 | $148,623.97 | $821.13 | $0.00 | $840.34 | $150,285.44 |
127 | $150,285.44 | $821.13 | $0.00 | $849.74 | $151,956.31 |
128 | $151,956.31 | $821.13 | $0.00 | $859.18 | $153,636.62 |
129 | $153,636.62 | $821.13 | $0.00 | $868.68 | $155,326.43 |
130 | $155,326.43 | $821.13 | $0.00 | $878.24 | $157,025.80 |
131 | $157,025.80 | $821.13 | $0.00 | $887.85 | $158,734.78 |
132 | $158,734.78 | $821.13 | $0.00 | $897.51 | $160,453.42 |
133 | $160,453.42 | $821.13 | $0.00 | $907.23 | $162,181.78 |
134 | $162,181.78 | $821.13 | $0.00 | $917.00 | $163,919.91 |
135 | $163,919.91 | $821.13 | $0.00 | $926.83 | $165,667.87 |
136 | $165,667.87 | $821.13 | $0.00 | $936.71 | $167,425.71 |
137 | $167,425.71 | $821.13 | $0.00 | $946.65 | $169,193.49 |
138 | $169,193.49 | $821.13 | $0.00 | $956.64 | $170,971.26 |
139 | $170,971.26 | $821.13 | $0.00 | $966.70 | $172,759.09 |
140 | $172,759.09 | $821.13 | $0.00 | $976.81 | $174,557.03 |
141 | $174,557.03 | $821.13 | $0.00 | $986.97 | $176,365.13 |
142 | $176,365.13 | $821.13 | $0.00 | $997.19 | $178,183.45 |
143 | $178,183.45 | $821.13 | $0.00 | $1,007.48 | $180,012.06 |
144 | $180,012.06 | $821.13 | $0.00 | $1,017.81 | $181,851.00 |
145 | $181,851.00 | $821.13 | $0.00 | $1,028.21 | $183,700.34 |
146 | $183,700.34 | $821.13 | $0.00 | $1,038.67 | $185,560.14 |
147 | $185,560.14 | $821.13 | $0.00 | $1,049.18 | $187,430.45 |
148 | $187,430.45 | $821.13 | $0.00 | $1,059.76 | $189,311.34 |
149 | $189,311.34 | $821.13 | $0.00 | $1,070.39 | $191,202.86 |
150 | $191,202.86 | $821.13 | $0.00 | $1,081.09 | $193,105.08 |
151 | $193,105.08 | $821.13 | $0.00 | $1,091.84 | $195,018.05 |
152 | $195,018.05 | $821.13 | $0.00 | $1,102.66 | $196,941.84 |
153 | $196,941.84 | $821.13 | $0.00 | $1,113.54 | $198,876.51 |
154 | $198,876.51 | $821.13 | $0.00 | $1,124.48 | $200,822.12 |
155 | $200,822.12 | $821.13 | $0.00 | $1,135.48 | $202,778.73 |
156 | $202,778.73 | $821.13 | $0.00 | $1,146.54 | $204,746.40 |
157 | $204,746.40 | $821.13 | $0.00 | $1,157.67 | $206,725.20 |
158 | $206,725.20 | $821.13 | $0.00 | $1,168.85 | $208,715.18 |
159 | $208,715.18 | $821.13 | $0.00 | $1,180.11 | $210,716.42 |
160 | $210,716.42 | $821.13 | $0.00 | $1,191.42 | $212,728.97 |
161 | $212,728.97 | $821.13 | $0.00 | $1,202.80 | $214,752.90 |
162 | $214,752.90 | $821.13 | $0.00 | $1,214.24 | $216,788.27 |
163 | $216,788.27 | $821.13 | $0.00 | $1,225.75 | $218,835.15 |
164 | $218,835.15 | $821.13 | $0.00 | $1,237.33 | $220,893.61 |
165 | $220,893.61 | $821.13 | $0.00 | $1,248.96 | $222,963.70 |
166 | $222,963.70 | $821.13 | $0.00 | $1,260.67 | $225,045.50 |
167 | $225,045.50 | $821.13 | $0.00 | $1,272.44 | $227,139.07 |
168 | $227,139.07 | $821.13 | $0.00 | $1,284.28 | $229,244.48 |
169 | $229,244.48 | $821.13 | $0.00 | $1,296.18 | $231,361.79 |
170 | $231,361.79 | $821.13 | $0.00 | $1,308.15 | $233,491.07 |
171 | $233,491.07 | $821.13 | $0.00 | $1,320.19 | $235,632.39 |
172 | $235,632.39 | $821.13 | $0.00 | $1,332.30 | $237,785.82 |
173 | $237,785.82 | $821.13 | $0.00 | $1,344.48 | $239,951.43 |
174 | $239,951.43 | $821.13 | $0.00 | $1,356.72 | $242,129.28 |
175 | $242,129.28 | $821.13 | $0.00 | $1,369.03 | $244,319.44 |
176 | $244,319.44 | $821.13 | $0.00 | $1,381.42 | $246,521.99 |
177 | $246,521.99 | $821.13 | $0.00 | $1,393.87 | $248,736.99 |
178 | $248,736.99 | $821.13 | $0.00 | $1,406.40 | $250,964.52 |
179 | $250,964.52 | $821.13 | $0.00 | $1,418.99 | $253,204.64 |
180 | $253,204.64 | $821.13 | $0.00 | $1,431.66 | $255,457.43 |
181 | $255,457.43 | $821.13 | $0.00 | $1,444.39 | $257,722.95 |
182 | $257,722.95 | $821.13 | $0.00 | $1,457.20 | $260,001.28 |
183 | $260,001.28 | $821.13 | $0.00 | $1,470.09 | $262,292.50 |
184 | $262,292.50 | $821.13 | $0.00 | $1,483.04 | $264,596.67 |
185 | $264,596.67 | $821.13 | $0.00 | $1,496.07 | $266,913.87 |
186 | $266,913.87 | $821.13 | $0.00 | $1,509.17 | $269,244.17 |
187 | $269,244.17 | $821.13 | $0.00 | $1,522.35 | $271,587.65 |
188 | $271,587.65 | $821.13 | $0.00 | $1,535.60 | $273,944.38 |
189 | $273,944.38 | $821.13 | $0.00 | $1,548.92 | $276,314.43 |
190 | $276,314.43 | $821.13 | $0.00 | $1,562.32 | $278,697.88 |
191 | $278,697.88 | $821.13 | $0.00 | $1,575.80 | $281,094.81 |
192 | $281,094.81 | $821.13 | $0.00 | $1,589.35 | $283,505.29 |
193 | $283,505.29 | $821.13 | $0.00 | $1,602.98 | $285,929.40 |
194 | $285,929.40 | $821.13 | $0.00 | $1,616.69 | $288,367.22 |
195 | $288,367.22 | $821.13 | $0.00 | $1,630.47 | $290,818.82 |
196 | $290,818.82 | $821.13 | $0.00 | $1,644.33 | $293,284.28 |
197 | $293,284.28 | $821.13 | $0.00 | $1,658.27 | $295,763.68 |
198 | $295,763.68 | $821.13 | $0.00 | $1,672.29 | $298,257.10 |
199 | $298,257.10 | $821.13 | $0.00 | $1,686.39 | $300,764.62 |
200 | $300,764.62 | $821.13 | $0.00 | $1,700.57 | $303,286.32 |
201 | $303,286.32 | $821.13 | $0.00 | $1,714.82 | $305,822.27 |
202 | $305,822.27 | $821.13 | $0.00 | $1,729.16 | $308,372.56 |
203 | $308,372.56 | $821.13 | $0.00 | $1,743.58 | $310,937.27 |
204 | $310,937.27 | $821.13 | $0.00 | $1,758.08 | $313,516.48 |
205 | $313,516.48 | $821.13 | $0.00 | $1,772.67 | $316,110.28 |
206 | $316,110.28 | $821.13 | $0.00 | $1,787.33 | $318,718.74 |
207 | $318,718.74 | $821.13 | $0.00 | $1,802.08 | $321,341.95 |
208 | $321,341.95 | $821.13 | $0.00 | $1,816.91 | $323,979.99 |
209 | $323,979.99 | $821.13 | $0.00 | $1,831.83 | $326,632.95 |
210 | $326,632.95 | $821.13 | $0.00 | $1,846.83 | $329,300.91 |
211 | $329,300.91 | $821.13 | $0.00 | $1,861.92 | $331,983.96 |
212 | $331,983.96 | $821.13 | $0.00 | $1,877.09 | $334,682.18 |
213 | $334,682.18 | $821.13 | $0.00 | $1,892.34 | $337,395.65 |
214 | $337,395.65 | $821.13 | $0.00 | $1,907.68 | $340,124.46 |
215 | $340,124.46 | $821.13 | $0.00 | $1,923.11 | $342,868.70 |
216 | $342,868.70 | $821.13 | $0.00 | $1,938.63 | $345,628.46 |
217 | $345,628.46 | $821.13 | $93,603.84 | $1,954.23 | $254,799.98 |
218 | $254,799.98 | $821.13 | $0.00 | $1,440.68 | $257,061.79 |
219 | $257,061.79 | $821.13 | $0.00 | $1,453.46 | $259,336.38 |
220 | $259,336.38 | $821.13 | $0.00 | $1,466.33 | $261,623.84 |
221 | $261,623.84 | $821.13 | $0.00 | $1,479.26 | $263,924.23 |
222 | $263,924.23 | $821.13 | $0.00 | $1,492.27 | $266,237.63 |
223 | $266,237.63 | $821.13 | $0.00 | $1,505.35 | $268,564.11 |
224 | $268,564.11 | $821.13 | $0.00 | $1,518.50 | $270,903.74 |
225 | $270,903.74 | $821.13 | $0.00 | $1,531.73 | $273,256.60 |
226 | $273,256.60 | $821.13 | $0.00 | $1,545.03 | $275,622.76 |
227 | $275,622.76 | $821.13 | $0.00 | $1,558.41 | $278,002.30 |
228 | $278,002.30 | $821.13 | $0.00 | $1,571.87 | $280,395.30 |
229 | $280,395.30 | $821.13 | $100,156.11 | $1,585.40 | $182,645.72 |
230 | $182,645.72 | $821.13 | $0.00 | $1,032.71 | $184,499.56 |
231 | $184,499.56 | $821.13 | $0.00 | $1,043.19 | $186,363.88 |
232 | $186,363.88 | $821.13 | $0.00 | $1,053.73 | $188,238.74 |
233 | $188,238.74 | $821.13 | $0.00 | $1,064.33 | $190,124.20 |
234 | $190,124.20 | $821.13 | $0.00 | $1,074.99 | $192,020.32 |
235 | $192,020.32 | $821.13 | $0.00 | $1,085.71 | $193,927.16 |
236 | $193,927.16 | $821.13 | $0.00 | $1,096.49 | $195,844.78 |
237 | $195,844.78 | $821.13 | $0.00 | $1,107.33 | $197,773.24 |
238 | $197,773.24 | $821.13 | $0.00 | $1,118.24 | $199,712.61 |
239 | $199,712.61 | $821.13 | $0.00 | $1,129.20 | $201,662.94 |
240 | $201,662.94 | $821.13 | $0.00 | $1,140.23 | $203,624.30 |
241 | $203,624.30 | $821.13 | $107,167.04 | $1,151.32 | $98,429.71 |
242 | $98,429.71 | $821.13 | $0.00 | $556.54 | $99,807.38 |
243 | $99,807.38 | $821.13 | $0.00 | $564.33 | $101,192.84 |
244 | $101,192.84 | $821.13 | $0.00 | $572.16 | $102,586.13 |
245 | $102,586.13 | $821.13 | $0.00 | $580.04 | $103,987.30 |
246 | $103,987.30 | $821.13 | $0.00 | $587.96 | $105,396.39 |
247 | $105,396.39 | $821.13 | $0.00 | $595.93 | $106,813.45 |
248 | $106,813.45 | $821.13 | $0.00 | $603.94 | $108,238.52 |
249 | $108,238.52 | $821.13 | $0.00 | $612.00 | $109,671.65 |
250 | $109,671.65 | $821.13 | $0.00 | $620.10 | $111,112.88 |
251 | $111,112.88 | $821.13 | $0.00 | $628.25 | $112,562.26 |
252 | $112,562.26 | $821.13 | $0.00 | $636.44 | $114,019.83 |
253 | $114,019.83 | $0.00 | $114,668.73 | $644.68 | -$4.22 |