How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $82,119 |
Monthly savings required | $650 |
How much will it cost to send your child to CUNY Medgar Evers College in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $328,476.40 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $650.05 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 | $31,667.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 5% |
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 CUNY Medgar Evers College in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $650.05 | $0.00 | $0.00 | $650.05 |
2 | $650.05 | $650.05 | $0.00 | $3.68 | $1,303.78 |
3 | $1,303.78 | $650.05 | $0.00 | $7.37 | $1,961.20 |
4 | $1,961.20 | $650.05 | $0.00 | $11.09 | $2,622.34 |
5 | $2,622.34 | $650.05 | $0.00 | $14.83 | $3,287.22 |
6 | $3,287.22 | $650.05 | $0.00 | $18.59 | $3,955.86 |
7 | $3,955.86 | $650.05 | $0.00 | $22.37 | $4,628.28 |
8 | $4,628.28 | $650.05 | $0.00 | $26.17 | $5,304.50 |
9 | $5,304.50 | $650.05 | $0.00 | $29.99 | $5,984.54 |
10 | $5,984.54 | $650.05 | $0.00 | $33.84 | $6,668.43 |
11 | $6,668.43 | $650.05 | $0.00 | $37.70 | $7,356.18 |
12 | $7,356.18 | $650.05 | $0.00 | $41.59 | $8,047.82 |
13 | $8,047.82 | $650.05 | $0.00 | $45.50 | $8,743.37 |
14 | $8,743.37 | $650.05 | $0.00 | $49.44 | $9,442.86 |
15 | $9,442.86 | $650.05 | $0.00 | $53.39 | $10,146.30 |
16 | $10,146.30 | $650.05 | $0.00 | $57.37 | $10,853.72 |
17 | $10,853.72 | $650.05 | $0.00 | $61.37 | $11,565.14 |
18 | $11,565.14 | $650.05 | $0.00 | $65.39 | $12,280.58 |
19 | $12,280.58 | $650.05 | $0.00 | $69.44 | $13,000.07 |
20 | $13,000.07 | $650.05 | $0.00 | $73.50 | $13,723.62 |
21 | $13,723.62 | $650.05 | $0.00 | $77.60 | $14,451.27 |
22 | $14,451.27 | $650.05 | $0.00 | $81.71 | $15,183.03 |
23 | $15,183.03 | $650.05 | $0.00 | $85.85 | $15,918.93 |
24 | $15,918.93 | $650.05 | $0.00 | $90.01 | $16,658.99 |
25 | $16,658.99 | $650.05 | $0.00 | $94.19 | $17,403.23 |
26 | $17,403.23 | $650.05 | $0.00 | $98.40 | $18,151.68 |
27 | $18,151.68 | $650.05 | $0.00 | $102.63 | $18,904.36 |
28 | $18,904.36 | $650.05 | $0.00 | $106.89 | $19,661.30 |
29 | $19,661.30 | $650.05 | $0.00 | $111.17 | $20,422.52 |
30 | $20,422.52 | $650.05 | $0.00 | $115.47 | $21,188.04 |
31 | $21,188.04 | $650.05 | $0.00 | $119.80 | $21,957.89 |
32 | $21,957.89 | $650.05 | $0.00 | $124.15 | $22,732.09 |
33 | $22,732.09 | $650.05 | $0.00 | $128.53 | $23,510.67 |
34 | $23,510.67 | $650.05 | $0.00 | $132.93 | $24,293.65 |
35 | $24,293.65 | $650.05 | $0.00 | $137.36 | $25,081.06 |
36 | $25,081.06 | $650.05 | $0.00 | $141.81 | $25,872.92 |
37 | $25,872.92 | $650.05 | $0.00 | $146.29 | $26,669.26 |
38 | $26,669.26 | $650.05 | $0.00 | $150.79 | $27,470.10 |
39 | $27,470.10 | $650.05 | $0.00 | $155.32 | $28,275.47 |
40 | $28,275.47 | $650.05 | $0.00 | $159.87 | $29,085.39 |
41 | $29,085.39 | $650.05 | $0.00 | $164.45 | $29,899.89 |
42 | $29,899.89 | $650.05 | $0.00 | $169.06 | $30,719.00 |
43 | $30,719.00 | $650.05 | $0.00 | $173.69 | $31,542.74 |
44 | $31,542.74 | $650.05 | $0.00 | $178.35 | $32,371.14 |
45 | $32,371.14 | $650.05 | $0.00 | $183.03 | $33,204.22 |
46 | $33,204.22 | $650.05 | $0.00 | $187.74 | $34,042.01 |
47 | $34,042.01 | $650.05 | $0.00 | $192.48 | $34,884.54 |
48 | $34,884.54 | $650.05 | $0.00 | $197.24 | $35,731.83 |
49 | $35,731.83 | $650.05 | $0.00 | $202.03 | $36,583.91 |
50 | $36,583.91 | $650.05 | $0.00 | $206.85 | $37,440.81 |
51 | $37,440.81 | $650.05 | $0.00 | $211.70 | $38,302.56 |
52 | $38,302.56 | $650.05 | $0.00 | $216.57 | $39,169.18 |
53 | $39,169.18 | $650.05 | $0.00 | $221.47 | $40,040.70 |
54 | $40,040.70 | $650.05 | $0.00 | $226.40 | $40,917.15 |
55 | $40,917.15 | $650.05 | $0.00 | $231.35 | $41,798.55 |
56 | $41,798.55 | $650.05 | $0.00 | $236.34 | $42,684.94 |
57 | $42,684.94 | $650.05 | $0.00 | $241.35 | $43,576.34 |
58 | $43,576.34 | $650.05 | $0.00 | $246.39 | $44,472.78 |
59 | $44,472.78 | $650.05 | $0.00 | $251.46 | $45,374.29 |
60 | $45,374.29 | $650.05 | $0.00 | $256.55 | $46,280.89 |
61 | $46,280.89 | $650.05 | $0.00 | $261.68 | $47,192.62 |
62 | $47,192.62 | $650.05 | $0.00 | $266.83 | $48,109.50 |
63 | $48,109.50 | $650.05 | $0.00 | $272.02 | $49,031.57 |
64 | $49,031.57 | $650.05 | $0.00 | $277.23 | $49,958.85 |
65 | $49,958.85 | $650.05 | $0.00 | $282.47 | $50,891.37 |
66 | $50,891.37 | $650.05 | $0.00 | $287.75 | $51,829.17 |
67 | $51,829.17 | $650.05 | $0.00 | $293.05 | $52,772.27 |
68 | $52,772.27 | $650.05 | $0.00 | $298.38 | $53,720.70 |
69 | $53,720.70 | $650.05 | $0.00 | $303.74 | $54,674.49 |
70 | $54,674.49 | $650.05 | $0.00 | $309.14 | $55,633.68 |
71 | $55,633.68 | $650.05 | $0.00 | $314.56 | $56,598.29 |
72 | $56,598.29 | $650.05 | $0.00 | $320.01 | $57,568.35 |
73 | $57,568.35 | $650.05 | $0.00 | $325.50 | $58,543.90 |
74 | $58,543.90 | $650.05 | $0.00 | $331.02 | $59,524.97 |
75 | $59,524.97 | $650.05 | $0.00 | $336.56 | $60,511.58 |
76 | $60,511.58 | $650.05 | $0.00 | $342.14 | $61,503.77 |
77 | $61,503.77 | $650.05 | $0.00 | $347.75 | $62,501.57 |
78 | $62,501.57 | $650.05 | $0.00 | $353.39 | $63,505.01 |
79 | $63,505.01 | $650.05 | $0.00 | $359.07 | $64,514.13 |
80 | $64,514.13 | $650.05 | $0.00 | $364.77 | $65,528.95 |
81 | $65,528.95 | $650.05 | $0.00 | $370.51 | $66,549.51 |
82 | $66,549.51 | $650.05 | $0.00 | $376.28 | $67,575.84 |
83 | $67,575.84 | $650.05 | $0.00 | $382.08 | $68,607.97 |
84 | $68,607.97 | $650.05 | $0.00 | $387.92 | $69,645.94 |
85 | $69,645.94 | $650.05 | $0.00 | $393.79 | $70,689.78 |
86 | $70,689.78 | $650.05 | $0.00 | $399.69 | $71,739.52 |
87 | $71,739.52 | $650.05 | $0.00 | $405.63 | $72,795.20 |
88 | $72,795.20 | $650.05 | $0.00 | $411.59 | $73,856.84 |
89 | $73,856.84 | $650.05 | $0.00 | $417.60 | $74,924.49 |
90 | $74,924.49 | $650.05 | $0.00 | $423.63 | $75,998.17 |
91 | $75,998.17 | $650.05 | $0.00 | $429.70 | $77,077.92 |
92 | $77,077.92 | $650.05 | $0.00 | $435.81 | $78,163.78 |
93 | $78,163.78 | $650.05 | $0.00 | $441.95 | $79,255.78 |
94 | $79,255.78 | $650.05 | $0.00 | $448.12 | $80,353.95 |
95 | $80,353.95 | $650.05 | $0.00 | $454.33 | $81,458.33 |
96 | $81,458.33 | $650.05 | $0.00 | $460.58 | $82,568.96 |
97 | $82,568.96 | $650.05 | $0.00 | $466.86 | $83,685.87 |
98 | $83,685.87 | $650.05 | $0.00 | $473.17 | $84,809.09 |
99 | $84,809.09 | $650.05 | $0.00 | $479.52 | $85,938.66 |
100 | $85,938.66 | $650.05 | $0.00 | $485.91 | $87,074.62 |
101 | $87,074.62 | $650.05 | $0.00 | $492.33 | $88,217.00 |
102 | $88,217.00 | $650.05 | $0.00 | $498.79 | $89,365.84 |
103 | $89,365.84 | $650.05 | $0.00 | $505.29 | $90,521.18 |
104 | $90,521.18 | $650.05 | $0.00 | $511.82 | $91,683.05 |
105 | $91,683.05 | $650.05 | $0.00 | $518.39 | $92,851.49 |
106 | $92,851.49 | $650.05 | $0.00 | $525.00 | $94,026.54 |
107 | $94,026.54 | $650.05 | $0.00 | $531.64 | $95,208.23 |
108 | $95,208.23 | $650.05 | $0.00 | $538.32 | $96,396.60 |
109 | $96,396.60 | $650.05 | $0.00 | $545.04 | $97,591.69 |
110 | $97,591.69 | $650.05 | $0.00 | $551.80 | $98,793.54 |
111 | $98,793.54 | $650.05 | $0.00 | $558.59 | $100,002.18 |
112 | $100,002.18 | $650.05 | $0.00 | $565.43 | $101,217.66 |
113 | $101,217.66 | $650.05 | $0.00 | $572.30 | $102,440.01 |
114 | $102,440.01 | $650.05 | $0.00 | $579.21 | $103,669.27 |
115 | $103,669.27 | $650.05 | $0.00 | $586.16 | $104,905.48 |
116 | $104,905.48 | $650.05 | $0.00 | $593.15 | $106,148.68 |
117 | $106,148.68 | $650.05 | $0.00 | $600.18 | $107,398.91 |
118 | $107,398.91 | $650.05 | $0.00 | $607.25 | $108,656.21 |
119 | $108,656.21 | $650.05 | $0.00 | $614.36 | $109,920.62 |
120 | $109,920.62 | $650.05 | $0.00 | $621.51 | $111,192.18 |
121 | $111,192.18 | $650.05 | $0.00 | $628.70 | $112,470.93 |
122 | $112,470.93 | $650.05 | $0.00 | $635.93 | $113,756.91 |
123 | $113,756.91 | $650.05 | $0.00 | $643.20 | $115,050.16 |
124 | $115,050.16 | $650.05 | $0.00 | $650.51 | $116,350.72 |
125 | $116,350.72 | $650.05 | $0.00 | $657.86 | $117,658.63 |
126 | $117,658.63 | $650.05 | $0.00 | $665.26 | $118,973.94 |
127 | $118,973.94 | $650.05 | $0.00 | $672.70 | $120,296.69 |
128 | $120,296.69 | $650.05 | $0.00 | $680.17 | $121,626.91 |
129 | $121,626.91 | $650.05 | $0.00 | $687.70 | $122,964.66 |
130 | $122,964.66 | $650.05 | $0.00 | $695.26 | $124,309.97 |
131 | $124,309.97 | $650.05 | $0.00 | $702.87 | $125,662.89 |
132 | $125,662.89 | $650.05 | $0.00 | $710.52 | $127,023.46 |
133 | $127,023.46 | $650.05 | $0.00 | $718.21 | $128,391.72 |
134 | $128,391.72 | $650.05 | $0.00 | $725.95 | $129,767.72 |
135 | $129,767.72 | $650.05 | $0.00 | $733.73 | $131,151.50 |
136 | $131,151.50 | $650.05 | $0.00 | $741.55 | $132,543.10 |
137 | $132,543.10 | $650.05 | $0.00 | $749.42 | $133,942.57 |
138 | $133,942.57 | $650.05 | $0.00 | $757.33 | $135,349.95 |
139 | $135,349.95 | $650.05 | $0.00 | $765.29 | $136,765.29 |
140 | $136,765.29 | $650.05 | $0.00 | $773.29 | $138,188.63 |
141 | $138,188.63 | $650.05 | $0.00 | $781.34 | $139,620.02 |
142 | $139,620.02 | $650.05 | $0.00 | $789.43 | $141,059.50 |
143 | $141,059.50 | $650.05 | $0.00 | $797.57 | $142,507.12 |
144 | $142,507.12 | $650.05 | $0.00 | $805.76 | $143,962.93 |
145 | $143,962.93 | $650.05 | $0.00 | $813.99 | $145,426.97 |
146 | $145,426.97 | $650.05 | $0.00 | $822.27 | $146,899.29 |
147 | $146,899.29 | $650.05 | $0.00 | $830.59 | $148,379.93 |
148 | $148,379.93 | $650.05 | $0.00 | $838.96 | $149,868.94 |
149 | $149,868.94 | $650.05 | $0.00 | $847.38 | $151,366.37 |
150 | $151,366.37 | $650.05 | $0.00 | $855.85 | $152,872.27 |
151 | $152,872.27 | $650.05 | $0.00 | $864.36 | $154,386.68 |
152 | $154,386.68 | $650.05 | $0.00 | $872.92 | $155,909.65 |
153 | $155,909.65 | $650.05 | $0.00 | $881.54 | $157,441.24 |
154 | $157,441.24 | $650.05 | $0.00 | $890.20 | $158,981.49 |
155 | $158,981.49 | $650.05 | $0.00 | $898.90 | $160,530.44 |
156 | $160,530.44 | $650.05 | $0.00 | $907.66 | $162,088.15 |
157 | $162,088.15 | $650.05 | $0.00 | $916.47 | $163,654.67 |
158 | $163,654.67 | $650.05 | $0.00 | $925.33 | $165,230.05 |
159 | $165,230.05 | $650.05 | $0.00 | $934.23 | $166,814.33 |
160 | $166,814.33 | $650.05 | $0.00 | $943.19 | $168,407.57 |
161 | $168,407.57 | $650.05 | $0.00 | $952.20 | $170,009.82 |
162 | $170,009.82 | $650.05 | $0.00 | $961.26 | $171,621.13 |
163 | $171,621.13 | $650.05 | $0.00 | $970.37 | $173,241.55 |
164 | $173,241.55 | $650.05 | $0.00 | $979.53 | $174,871.13 |
165 | $174,871.13 | $650.05 | $0.00 | $988.75 | $176,509.93 |
166 | $176,509.93 | $650.05 | $0.00 | $998.01 | $178,157.99 |
167 | $178,157.99 | $650.05 | $0.00 | $1,007.33 | $179,815.37 |
168 | $179,815.37 | $650.05 | $0.00 | $1,016.70 | $181,482.12 |
169 | $181,482.12 | $650.05 | $0.00 | $1,026.13 | $183,158.30 |
170 | $183,158.30 | $650.05 | $0.00 | $1,035.60 | $184,843.95 |
171 | $184,843.95 | $650.05 | $0.00 | $1,045.13 | $186,539.13 |
172 | $186,539.13 | $650.05 | $0.00 | $1,054.72 | $188,243.90 |
173 | $188,243.90 | $650.05 | $0.00 | $1,064.36 | $189,958.31 |
174 | $189,958.31 | $650.05 | $0.00 | $1,074.05 | $191,682.41 |
175 | $191,682.41 | $650.05 | $0.00 | $1,083.80 | $193,416.26 |
176 | $193,416.26 | $650.05 | $0.00 | $1,093.60 | $195,159.91 |
177 | $195,159.91 | $650.05 | $0.00 | $1,103.46 | $196,913.42 |
178 | $196,913.42 | $650.05 | $0.00 | $1,113.38 | $198,676.85 |
179 | $198,676.85 | $650.05 | $0.00 | $1,123.35 | $200,450.25 |
180 | $200,450.25 | $650.05 | $0.00 | $1,133.37 | $202,233.67 |
181 | $202,233.67 | $650.05 | $0.00 | $1,143.46 | $204,027.18 |
182 | $204,027.18 | $650.05 | $0.00 | $1,153.60 | $205,830.83 |
183 | $205,830.83 | $650.05 | $0.00 | $1,163.80 | $207,644.68 |
184 | $207,644.68 | $650.05 | $0.00 | $1,174.05 | $209,468.78 |
185 | $209,468.78 | $650.05 | $0.00 | $1,184.37 | $211,303.20 |
186 | $211,303.20 | $650.05 | $0.00 | $1,194.74 | $213,147.99 |
187 | $213,147.99 | $650.05 | $0.00 | $1,205.17 | $215,003.21 |
188 | $215,003.21 | $650.05 | $0.00 | $1,215.66 | $216,868.92 |
189 | $216,868.92 | $650.05 | $0.00 | $1,226.21 | $218,745.18 |
190 | $218,745.18 | $650.05 | $0.00 | $1,236.82 | $220,632.05 |
191 | $220,632.05 | $650.05 | $0.00 | $1,247.49 | $222,529.59 |
192 | $222,529.59 | $650.05 | $0.00 | $1,258.21 | $224,437.85 |
193 | $224,437.85 | $650.05 | $0.00 | $1,269.00 | $226,356.90 |
194 | $226,356.90 | $650.05 | $0.00 | $1,279.85 | $228,286.80 |
195 | $228,286.80 | $650.05 | $0.00 | $1,290.77 | $230,227.62 |
196 | $230,227.62 | $650.05 | $0.00 | $1,301.74 | $232,179.41 |
197 | $232,179.41 | $650.05 | $0.00 | $1,312.78 | $234,142.24 |
198 | $234,142.24 | $650.05 | $0.00 | $1,323.87 | $236,116.16 |
199 | $236,116.16 | $650.05 | $0.00 | $1,335.04 | $238,101.25 |
200 | $238,101.25 | $650.05 | $0.00 | $1,346.26 | $240,097.56 |
201 | $240,097.56 | $650.05 | $0.00 | $1,357.55 | $242,105.16 |
202 | $242,105.16 | $650.05 | $0.00 | $1,368.90 | $244,124.11 |
203 | $244,124.11 | $650.05 | $0.00 | $1,380.31 | $246,154.47 |
204 | $246,154.47 | $650.05 | $0.00 | $1,391.79 | $248,196.31 |
205 | $248,196.31 | $650.05 | $0.00 | $1,403.34 | $250,249.70 |
206 | $250,249.70 | $650.05 | $0.00 | $1,414.95 | $252,314.70 |
207 | $252,314.70 | $650.05 | $0.00 | $1,426.62 | $254,391.37 |
208 | $254,391.37 | $650.05 | $0.00 | $1,438.37 | $256,479.79 |
209 | $256,479.79 | $650.05 | $0.00 | $1,450.17 | $258,580.01 |
210 | $258,580.01 | $650.05 | $0.00 | $1,462.05 | $260,692.11 |
211 | $260,692.11 | $650.05 | $0.00 | $1,473.99 | $262,816.15 |
212 | $262,816.15 | $650.05 | $0.00 | $1,486.00 | $264,952.20 |
213 | $264,952.20 | $650.05 | $0.00 | $1,498.08 | $267,100.33 |
214 | $267,100.33 | $650.05 | $0.00 | $1,510.22 | $269,260.60 |
215 | $269,260.60 | $650.05 | $0.00 | $1,522.44 | $271,433.09 |
216 | $271,433.09 | $650.05 | $0.00 | $1,534.72 | $273,617.86 |
217 | $273,617.86 | $650.05 | $76,210.41 | $1,547.08 | $199,604.58 |
218 | $199,604.58 | $650.05 | $0.00 | $1,128.59 | $201,383.22 |
219 | $201,383.22 | $650.05 | $0.00 | $1,138.65 | $203,171.92 |
220 | $203,171.92 | $650.05 | $0.00 | $1,148.76 | $204,970.73 |
221 | $204,970.73 | $650.05 | $0.00 | $1,158.93 | $206,779.71 |
222 | $206,779.71 | $650.05 | $0.00 | $1,169.16 | $208,598.92 |
223 | $208,598.92 | $650.05 | $0.00 | $1,179.45 | $210,428.42 |
224 | $210,428.42 | $650.05 | $0.00 | $1,189.79 | $212,268.26 |
225 | $212,268.26 | $650.05 | $0.00 | $1,200.20 | $214,118.51 |
226 | $214,118.51 | $650.05 | $0.00 | $1,210.66 | $215,979.22 |
227 | $215,979.22 | $650.05 | $0.00 | $1,221.18 | $217,850.45 |
228 | $217,850.45 | $650.05 | $0.00 | $1,231.76 | $219,732.26 |
229 | $219,732.26 | $650.05 | $80,020.93 | $1,242.40 | $141,603.78 |
230 | $141,603.78 | $650.05 | $0.00 | $800.65 | $143,054.48 |
231 | $143,054.48 | $650.05 | $0.00 | $808.85 | $144,513.38 |
232 | $144,513.38 | $650.05 | $0.00 | $817.10 | $145,980.53 |
233 | $145,980.53 | $650.05 | $0.00 | $825.40 | $147,455.98 |
234 | $147,455.98 | $650.05 | $0.00 | $833.74 | $148,939.77 |
235 | $148,939.77 | $650.05 | $0.00 | $842.13 | $150,431.95 |
236 | $150,431.95 | $650.05 | $0.00 | $850.56 | $151,932.56 |
237 | $151,932.56 | $650.05 | $0.00 | $859.05 | $153,441.66 |
238 | $153,441.66 | $650.05 | $0.00 | $867.58 | $154,959.29 |
239 | $154,959.29 | $650.05 | $0.00 | $876.16 | $156,485.50 |
240 | $156,485.50 | $650.05 | $0.00 | $884.79 | $158,020.34 |
241 | $158,020.34 | $650.05 | $84,021.98 | $893.47 | $75,541.88 |
242 | $75,541.88 | $650.05 | $0.00 | $427.12 | $76,619.05 |
243 | $76,619.05 | $650.05 | $0.00 | $433.22 | $77,702.32 |
244 | $77,702.32 | $650.05 | $0.00 | $439.34 | $78,791.71 |
245 | $78,791.71 | $650.05 | $0.00 | $445.50 | $79,887.26 |
246 | $79,887.26 | $650.05 | $0.00 | $451.69 | $80,989.00 |
247 | $80,989.00 | $650.05 | $0.00 | $457.92 | $82,096.97 |
248 | $82,096.97 | $650.05 | $0.00 | $464.19 | $83,211.21 |
249 | $83,211.21 | $650.05 | $0.00 | $470.49 | $84,331.75 |
250 | $84,331.75 | $650.05 | $0.00 | $476.82 | $85,458.62 |
251 | $85,458.62 | $650.05 | $0.00 | $483.20 | $86,591.87 |
252 | $86,591.87 | $650.05 | $0.00 | $489.60 | $87,731.52 |
253 | $87,731.52 | $0.00 | $88,223.08 | $496.05 | $4.49 |