Estimated Annual Cost in 2042 | $144,477 |
Monthly savings required | $642 |
How much will it cost to send your child to Minnesota State College Southeast Technical in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $288,953.79 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $641.90 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 | $41,300.00 |
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 College Southeast Technical in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $641.90 | $0.00 | $0.00 | $641.90 |
2 | $641.90 | $641.90 | $0.00 | $3.63 | $1,287.43 |
3 | $1,287.43 | $641.90 | $0.00 | $7.28 | $1,936.61 |
4 | $1,936.61 | $641.90 | $0.00 | $10.95 | $2,589.46 |
5 | $2,589.46 | $641.90 | $0.00 | $14.64 | $3,246.00 |
6 | $3,246.00 | $641.90 | $0.00 | $18.35 | $3,906.25 |
7 | $3,906.25 | $641.90 | $0.00 | $22.09 | $4,570.24 |
8 | $4,570.24 | $641.90 | $0.00 | $25.84 | $5,237.98 |
9 | $5,237.98 | $641.90 | $0.00 | $29.62 | $5,909.50 |
10 | $5,909.50 | $641.90 | $0.00 | $33.41 | $6,584.81 |
11 | $6,584.81 | $641.90 | $0.00 | $37.23 | $7,263.94 |
12 | $7,263.94 | $641.90 | $0.00 | $41.07 | $7,946.91 |
13 | $7,946.91 | $641.90 | $0.00 | $44.93 | $8,633.74 |
14 | $8,633.74 | $641.90 | $0.00 | $48.82 | $9,324.46 |
15 | $9,324.46 | $641.90 | $0.00 | $52.72 | $10,019.08 |
16 | $10,019.08 | $641.90 | $0.00 | $56.65 | $10,717.63 |
17 | $10,717.63 | $641.90 | $0.00 | $60.60 | $11,420.13 |
18 | $11,420.13 | $641.90 | $0.00 | $64.57 | $12,126.60 |
19 | $12,126.60 | $641.90 | $0.00 | $68.57 | $12,837.07 |
20 | $12,837.07 | $641.90 | $0.00 | $72.58 | $13,551.55 |
21 | $13,551.55 | $641.90 | $0.00 | $76.62 | $14,270.07 |
22 | $14,270.07 | $641.90 | $0.00 | $80.69 | $14,992.66 |
23 | $14,992.66 | $641.90 | $0.00 | $84.77 | $15,719.33 |
24 | $15,719.33 | $641.90 | $0.00 | $88.88 | $16,450.11 |
25 | $16,450.11 | $641.90 | $0.00 | $93.01 | $17,185.02 |
26 | $17,185.02 | $641.90 | $0.00 | $97.17 | $17,924.09 |
27 | $17,924.09 | $641.90 | $0.00 | $101.35 | $18,667.34 |
28 | $18,667.34 | $641.90 | $0.00 | $105.55 | $19,414.79 |
29 | $19,414.79 | $641.90 | $0.00 | $109.77 | $20,166.46 |
30 | $20,166.46 | $641.90 | $0.00 | $114.02 | $20,922.38 |
31 | $20,922.38 | $641.90 | $0.00 | $118.30 | $21,682.58 |
32 | $21,682.58 | $641.90 | $0.00 | $122.60 | $22,447.08 |
33 | $22,447.08 | $641.90 | $0.00 | $126.92 | $23,215.90 |
34 | $23,215.90 | $641.90 | $0.00 | $131.27 | $23,989.07 |
35 | $23,989.07 | $641.90 | $0.00 | $135.64 | $24,766.61 |
36 | $24,766.61 | $641.90 | $0.00 | $140.03 | $25,548.54 |
37 | $25,548.54 | $641.90 | $0.00 | $144.46 | $26,334.90 |
38 | $26,334.90 | $641.90 | $0.00 | $148.90 | $27,125.70 |
39 | $27,125.70 | $641.90 | $0.00 | $153.37 | $27,920.97 |
40 | $27,920.97 | $641.90 | $0.00 | $157.87 | $28,720.74 |
41 | $28,720.74 | $641.90 | $0.00 | $162.39 | $29,525.03 |
42 | $29,525.03 | $641.90 | $0.00 | $166.94 | $30,333.87 |
43 | $30,333.87 | $641.90 | $0.00 | $171.51 | $31,147.28 |
44 | $31,147.28 | $641.90 | $0.00 | $176.11 | $31,965.29 |
45 | $31,965.29 | $641.90 | $0.00 | $180.74 | $32,787.93 |
46 | $32,787.93 | $641.90 | $0.00 | $185.39 | $33,615.22 |
47 | $33,615.22 | $641.90 | $0.00 | $190.07 | $34,447.19 |
48 | $34,447.19 | $641.90 | $0.00 | $194.77 | $35,283.86 |
49 | $35,283.86 | $641.90 | $0.00 | $199.50 | $36,125.26 |
50 | $36,125.26 | $641.90 | $0.00 | $204.26 | $36,971.42 |
51 | $36,971.42 | $641.90 | $0.00 | $209.04 | $37,822.36 |
52 | $37,822.36 | $641.90 | $0.00 | $213.85 | $38,678.11 |
53 | $38,678.11 | $641.90 | $0.00 | $218.69 | $39,538.70 |
54 | $39,538.70 | $641.90 | $0.00 | $223.56 | $40,404.16 |
55 | $40,404.16 | $641.90 | $0.00 | $228.45 | $41,274.51 |
56 | $41,274.51 | $641.90 | $0.00 | $233.37 | $42,149.78 |
57 | $42,149.78 | $641.90 | $0.00 | $238.32 | $43,030.00 |
58 | $43,030.00 | $641.90 | $0.00 | $243.30 | $43,915.20 |
59 | $43,915.20 | $641.90 | $0.00 | $248.30 | $44,805.40 |
60 | $44,805.40 | $641.90 | $0.00 | $253.34 | $45,700.64 |
61 | $45,700.64 | $641.90 | $0.00 | $258.40 | $46,600.94 |
62 | $46,600.94 | $641.90 | $0.00 | $263.49 | $47,506.33 |
63 | $47,506.33 | $641.90 | $0.00 | $268.61 | $48,416.84 |
64 | $48,416.84 | $641.90 | $0.00 | $273.76 | $49,332.50 |
65 | $49,332.50 | $641.90 | $0.00 | $278.93 | $50,253.33 |
66 | $50,253.33 | $641.90 | $0.00 | $284.14 | $51,179.37 |
67 | $51,179.37 | $641.90 | $0.00 | $289.38 | $52,110.65 |
68 | $52,110.65 | $641.90 | $0.00 | $294.64 | $53,047.19 |
69 | $53,047.19 | $641.90 | $0.00 | $299.94 | $53,989.03 |
70 | $53,989.03 | $641.90 | $0.00 | $305.26 | $54,936.19 |
71 | $54,936.19 | $641.90 | $0.00 | $310.62 | $55,888.71 |
72 | $55,888.71 | $641.90 | $0.00 | $316.00 | $56,846.61 |
73 | $56,846.61 | $641.90 | $0.00 | $321.42 | $57,809.93 |
74 | $57,809.93 | $641.90 | $0.00 | $326.87 | $58,778.70 |
75 | $58,778.70 | $641.90 | $0.00 | $332.34 | $59,752.94 |
76 | $59,752.94 | $641.90 | $0.00 | $337.85 | $60,732.69 |
77 | $60,732.69 | $641.90 | $0.00 | $343.39 | $61,717.98 |
78 | $61,717.98 | $641.90 | $0.00 | $348.96 | $62,708.84 |
79 | $62,708.84 | $641.90 | $0.00 | $354.56 | $63,705.30 |
80 | $63,705.30 | $641.90 | $0.00 | $360.20 | $64,707.40 |
81 | $64,707.40 | $641.90 | $0.00 | $365.87 | $65,715.17 |
82 | $65,715.17 | $641.90 | $0.00 | $371.56 | $66,728.63 |
83 | $66,728.63 | $641.90 | $0.00 | $377.29 | $67,747.82 |
84 | $67,747.82 | $641.90 | $0.00 | $383.06 | $68,772.78 |
85 | $68,772.78 | $641.90 | $0.00 | $388.85 | $69,803.53 |
86 | $69,803.53 | $641.90 | $0.00 | $394.68 | $70,840.11 |
87 | $70,840.11 | $641.90 | $0.00 | $400.54 | $71,882.55 |
88 | $71,882.55 | $641.90 | $0.00 | $406.43 | $72,930.88 |
89 | $72,930.88 | $641.90 | $0.00 | $412.36 | $73,985.14 |
90 | $73,985.14 | $641.90 | $0.00 | $418.32 | $75,045.36 |
91 | $75,045.36 | $641.90 | $0.00 | $424.32 | $76,111.58 |
92 | $76,111.58 | $641.90 | $0.00 | $430.35 | $77,183.83 |
93 | $77,183.83 | $641.90 | $0.00 | $436.41 | $78,262.14 |
94 | $78,262.14 | $641.90 | $0.00 | $442.51 | $79,346.55 |
95 | $79,346.55 | $641.90 | $0.00 | $448.64 | $80,437.09 |
96 | $80,437.09 | $641.90 | $0.00 | $454.80 | $81,533.79 |
97 | $81,533.79 | $641.90 | $0.00 | $461.00 | $82,636.69 |
98 | $82,636.69 | $641.90 | $0.00 | $467.24 | $83,745.83 |
99 | $83,745.83 | $641.90 | $0.00 | $473.51 | $84,861.24 |
100 | $84,861.24 | $641.90 | $0.00 | $479.82 | $85,982.96 |
101 | $85,982.96 | $641.90 | $0.00 | $486.16 | $87,111.02 |
102 | $87,111.02 | $641.90 | $0.00 | $492.54 | $88,245.46 |
103 | $88,245.46 | $641.90 | $0.00 | $498.95 | $89,386.31 |
104 | $89,386.31 | $641.90 | $0.00 | $505.40 | $90,533.61 |
105 | $90,533.61 | $641.90 | $0.00 | $511.89 | $91,687.40 |
106 | $91,687.40 | $641.90 | $0.00 | $518.41 | $92,847.71 |
107 | $92,847.71 | $641.90 | $0.00 | $524.97 | $94,014.58 |
108 | $94,014.58 | $641.90 | $0.00 | $531.57 | $95,188.05 |
109 | $95,188.05 | $641.90 | $0.00 | $538.21 | $96,368.16 |
110 | $96,368.16 | $641.90 | $0.00 | $544.88 | $97,554.94 |
111 | $97,554.94 | $641.90 | $0.00 | $551.59 | $98,748.43 |
112 | $98,748.43 | $641.90 | $0.00 | $558.34 | $99,948.67 |
113 | $99,948.67 | $641.90 | $0.00 | $565.12 | $101,155.69 |
114 | $101,155.69 | $641.90 | $0.00 | $571.95 | $102,369.54 |
115 | $102,369.54 | $641.90 | $0.00 | $578.81 | $103,590.25 |
116 | $103,590.25 | $641.90 | $0.00 | $585.71 | $104,817.86 |
117 | $104,817.86 | $641.90 | $0.00 | $592.66 | $106,052.42 |
118 | $106,052.42 | $641.90 | $0.00 | $599.64 | $107,293.96 |
119 | $107,293.96 | $641.90 | $0.00 | $606.66 | $108,542.52 |
120 | $108,542.52 | $641.90 | $0.00 | $613.72 | $109,798.14 |
121 | $109,798.14 | $641.90 | $0.00 | $620.81 | $111,060.85 |
122 | $111,060.85 | $641.90 | $0.00 | $627.95 | $112,330.70 |
123 | $112,330.70 | $641.90 | $0.00 | $635.13 | $113,607.73 |
124 | $113,607.73 | $641.90 | $0.00 | $642.35 | $114,891.98 |
125 | $114,891.98 | $641.90 | $0.00 | $649.62 | $116,183.50 |
126 | $116,183.50 | $641.90 | $0.00 | $656.92 | $117,482.32 |
127 | $117,482.32 | $641.90 | $0.00 | $664.26 | $118,788.48 |
128 | $118,788.48 | $641.90 | $0.00 | $671.65 | $120,102.03 |
129 | $120,102.03 | $641.90 | $0.00 | $679.07 | $121,423.00 |
130 | $121,423.00 | $641.90 | $0.00 | $686.54 | $122,751.44 |
131 | $122,751.44 | $641.90 | $0.00 | $694.05 | $124,087.39 |
132 | $124,087.39 | $641.90 | $0.00 | $701.61 | $125,430.90 |
133 | $125,430.90 | $641.90 | $0.00 | $709.20 | $126,782.00 |
134 | $126,782.00 | $641.90 | $0.00 | $716.84 | $128,140.74 |
135 | $128,140.74 | $641.90 | $0.00 | $724.53 | $129,507.17 |
136 | $129,507.17 | $641.90 | $0.00 | $732.25 | $130,881.32 |
137 | $130,881.32 | $641.90 | $0.00 | $740.02 | $132,263.24 |
138 | $132,263.24 | $641.90 | $0.00 | $747.84 | $133,652.98 |
139 | $133,652.98 | $641.90 | $0.00 | $755.69 | $135,050.57 |
140 | $135,050.57 | $641.90 | $0.00 | $763.60 | $136,456.07 |
141 | $136,456.07 | $641.90 | $0.00 | $771.54 | $137,869.51 |
142 | $137,869.51 | $641.90 | $0.00 | $779.53 | $139,290.94 |
143 | $139,290.94 | $641.90 | $0.00 | $787.57 | $140,720.41 |
144 | $140,720.41 | $641.90 | $0.00 | $795.65 | $142,157.96 |
145 | $142,157.96 | $641.90 | $0.00 | $803.78 | $143,603.64 |
146 | $143,603.64 | $641.90 | $0.00 | $811.96 | $145,057.50 |
147 | $145,057.50 | $641.90 | $0.00 | $820.18 | $146,519.58 |
148 | $146,519.58 | $641.90 | $0.00 | $828.44 | $147,989.92 |
149 | $147,989.92 | $641.90 | $0.00 | $836.76 | $149,468.58 |
150 | $149,468.58 | $641.90 | $0.00 | $845.12 | $150,955.60 |
151 | $150,955.60 | $641.90 | $0.00 | $853.52 | $152,451.02 |
152 | $152,451.02 | $641.90 | $0.00 | $861.98 | $153,954.90 |
153 | $153,954.90 | $641.90 | $0.00 | $870.48 | $155,467.28 |
154 | $155,467.28 | $641.90 | $0.00 | $879.03 | $156,988.21 |
155 | $156,988.21 | $641.90 | $0.00 | $887.63 | $158,517.74 |
156 | $158,517.74 | $641.90 | $0.00 | $896.28 | $160,055.92 |
157 | $160,055.92 | $641.90 | $0.00 | $904.98 | $161,602.80 |
158 | $161,602.80 | $641.90 | $0.00 | $913.73 | $163,158.43 |
159 | $163,158.43 | $641.90 | $0.00 | $922.52 | $164,722.85 |
160 | $164,722.85 | $641.90 | $0.00 | $931.37 | $166,296.12 |
161 | $166,296.12 | $641.90 | $0.00 | $940.26 | $167,878.28 |
162 | $167,878.28 | $641.90 | $0.00 | $949.21 | $169,469.39 |
163 | $169,469.39 | $641.90 | $0.00 | $958.20 | $171,069.49 |
164 | $171,069.49 | $641.90 | $0.00 | $967.25 | $172,678.64 |
165 | $172,678.64 | $641.90 | $0.00 | $976.35 | $174,296.89 |
166 | $174,296.89 | $641.90 | $0.00 | $985.50 | $175,924.29 |
167 | $175,924.29 | $641.90 | $0.00 | $994.70 | $177,560.89 |
168 | $177,560.89 | $641.90 | $0.00 | $1,003.96 | $179,206.75 |
169 | $179,206.75 | $641.90 | $0.00 | $1,013.26 | $180,861.91 |
170 | $180,861.91 | $641.90 | $0.00 | $1,022.62 | $182,526.43 |
171 | $182,526.43 | $641.90 | $0.00 | $1,032.03 | $184,200.36 |
172 | $184,200.36 | $641.90 | $0.00 | $1,041.50 | $185,883.76 |
173 | $185,883.76 | $641.90 | $0.00 | $1,051.01 | $187,576.67 |
174 | $187,576.67 | $641.90 | $0.00 | $1,060.59 | $189,279.16 |
175 | $189,279.16 | $641.90 | $0.00 | $1,070.21 | $190,991.27 |
176 | $190,991.27 | $641.90 | $0.00 | $1,079.89 | $192,713.06 |
177 | $192,713.06 | $641.90 | $0.00 | $1,089.63 | $194,444.59 |
178 | $194,444.59 | $641.90 | $0.00 | $1,099.42 | $196,185.91 |
179 | $196,185.91 | $641.90 | $0.00 | $1,109.26 | $197,937.07 |
180 | $197,937.07 | $641.90 | $0.00 | $1,119.16 | $199,698.13 |
181 | $199,698.13 | $641.90 | $0.00 | $1,129.12 | $201,469.15 |
182 | $201,469.15 | $641.90 | $0.00 | $1,139.14 | $203,250.19 |
183 | $203,250.19 | $641.90 | $0.00 | $1,149.21 | $205,041.30 |
184 | $205,041.30 | $641.90 | $0.00 | $1,159.33 | $206,842.53 |
185 | $206,842.53 | $641.90 | $0.00 | $1,169.52 | $208,653.95 |
186 | $208,653.95 | $641.90 | $0.00 | $1,179.76 | $210,475.61 |
187 | $210,475.61 | $641.90 | $0.00 | $1,190.06 | $212,307.57 |
188 | $212,307.57 | $641.90 | $0.00 | $1,200.42 | $214,149.89 |
189 | $214,149.89 | $641.90 | $0.00 | $1,210.83 | $216,002.62 |
190 | $216,002.62 | $641.90 | $0.00 | $1,221.31 | $217,865.83 |
191 | $217,865.83 | $641.90 | $0.00 | $1,231.85 | $219,739.58 |
192 | $219,739.58 | $641.90 | $0.00 | $1,242.44 | $221,623.92 |
193 | $221,623.92 | $641.90 | $0.00 | $1,253.09 | $223,518.91 |
194 | $223,518.91 | $641.90 | $0.00 | $1,263.81 | $225,424.62 |
195 | $225,424.62 | $641.90 | $0.00 | $1,274.58 | $227,341.10 |
196 | $227,341.10 | $641.90 | $0.00 | $1,285.42 | $229,268.42 |
197 | $229,268.42 | $641.90 | $0.00 | $1,296.32 | $231,206.64 |
198 | $231,206.64 | $641.90 | $0.00 | $1,307.28 | $233,155.82 |
199 | $233,155.82 | $641.90 | $0.00 | $1,318.30 | $235,116.02 |
200 | $235,116.02 | $641.90 | $0.00 | $1,329.38 | $237,087.30 |
201 | $237,087.30 | $641.90 | $0.00 | $1,340.53 | $239,069.73 |
202 | $239,069.73 | $641.90 | $0.00 | $1,351.74 | $241,063.37 |
203 | $241,063.37 | $641.90 | $0.00 | $1,363.01 | $243,068.28 |
204 | $243,068.28 | $641.90 | $0.00 | $1,374.34 | $245,084.52 |
205 | $245,084.52 | $641.90 | $0.00 | $1,385.74 | $247,112.16 |
206 | $247,112.16 | $641.90 | $0.00 | $1,397.21 | $249,151.27 |
207 | $249,151.27 | $641.90 | $0.00 | $1,408.74 | $251,201.91 |
208 | $251,201.91 | $641.90 | $0.00 | $1,420.33 | $253,264.14 |
209 | $253,264.14 | $641.90 | $0.00 | $1,431.99 | $255,338.03 |
210 | $255,338.03 | $641.90 | $0.00 | $1,443.72 | $257,423.65 |
211 | $257,423.65 | $641.90 | $0.00 | $1,455.51 | $259,521.06 |
212 | $259,521.06 | $641.90 | $0.00 | $1,467.37 | $261,630.33 |
213 | $261,630.33 | $641.90 | $0.00 | $1,479.30 | $263,751.53 |
214 | $263,751.53 | $641.90 | $0.00 | $1,491.29 | $265,884.72 |
215 | $265,884.72 | $641.90 | $0.00 | $1,503.35 | $268,029.97 |
216 | $268,029.97 | $641.90 | $0.00 | $1,515.48 | $270,187.35 |
217 | $270,187.35 | $641.90 | $139,591.20 | $1,527.68 | $132,765.73 |
218 | $132,765.73 | $641.90 | $0.00 | $750.68 | $134,158.31 |
219 | $134,158.31 | $641.90 | $0.00 | $758.55 | $135,558.76 |
220 | $135,558.76 | $641.90 | $0.00 | $766.47 | $136,967.13 |
221 | $136,967.13 | $641.90 | $0.00 | $774.43 | $138,383.46 |
222 | $138,383.46 | $641.90 | $0.00 | $782.44 | $139,807.80 |
223 | $139,807.80 | $641.90 | $0.00 | $790.49 | $141,240.19 |
224 | $141,240.19 | $641.90 | $0.00 | $798.59 | $142,680.68 |
225 | $142,680.68 | $641.90 | $0.00 | $806.74 | $144,129.32 |
226 | $144,129.32 | $641.90 | $0.00 | $814.93 | $145,586.15 |
227 | $145,586.15 | $641.90 | $0.00 | $823.17 | $147,051.22 |
228 | $147,051.22 | $641.90 | $0.00 | $831.45 | $148,524.57 |
229 | $148,524.57 | $0.00 | $149,362.59 | $839.78 | $1.76 |