| Estimated Annual Cost in 2042 | $61,345 |
| Monthly savings required | $273 |
How much will it cost to send your child to Lake Region State College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $122,689.92 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $272.54 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 | $17,536.00 |
| 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 Lake Region State College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $272.54 | $0.00 | $0.00 | $272.54 |
| 2 | $272.54 | $272.54 | $0.00 | $1.54 | $546.62 |
| 3 | $546.62 | $272.54 | $0.00 | $3.09 | $822.25 |
| 4 | $822.25 | $272.54 | $0.00 | $4.65 | $1,099.44 |
| 5 | $1,099.44 | $272.54 | $0.00 | $6.22 | $1,378.20 |
| 6 | $1,378.20 | $272.54 | $0.00 | $7.79 | $1,658.53 |
| 7 | $1,658.53 | $272.54 | $0.00 | $9.38 | $1,940.45 |
| 8 | $1,940.45 | $272.54 | $0.00 | $10.97 | $2,223.96 |
| 9 | $2,223.96 | $272.54 | $0.00 | $12.57 | $2,509.07 |
| 10 | $2,509.07 | $272.54 | $0.00 | $14.19 | $2,795.80 |
| 11 | $2,795.80 | $272.54 | $0.00 | $15.81 | $3,084.15 |
| 12 | $3,084.15 | $272.54 | $0.00 | $17.44 | $3,374.13 |
| 13 | $3,374.13 | $272.54 | $0.00 | $19.08 | $3,665.75 |
| 14 | $3,665.75 | $272.54 | $0.00 | $20.73 | $3,959.02 |
| 15 | $3,959.02 | $272.54 | $0.00 | $22.38 | $4,253.94 |
| 16 | $4,253.94 | $272.54 | $0.00 | $24.05 | $4,550.53 |
| 17 | $4,550.53 | $272.54 | $0.00 | $25.73 | $4,848.80 |
| 18 | $4,848.80 | $272.54 | $0.00 | $27.42 | $5,148.76 |
| 19 | $5,148.76 | $272.54 | $0.00 | $29.11 | $5,450.41 |
| 20 | $5,450.41 | $272.54 | $0.00 | $30.82 | $5,753.77 |
| 21 | $5,753.77 | $272.54 | $0.00 | $32.53 | $6,058.84 |
| 22 | $6,058.84 | $272.54 | $0.00 | $34.26 | $6,365.64 |
| 23 | $6,365.64 | $272.54 | $0.00 | $35.99 | $6,674.17 |
| 24 | $6,674.17 | $272.54 | $0.00 | $37.74 | $6,984.45 |
| 25 | $6,984.45 | $272.54 | $0.00 | $39.49 | $7,296.48 |
| 26 | $7,296.48 | $272.54 | $0.00 | $41.26 | $7,610.28 |
| 27 | $7,610.28 | $272.54 | $0.00 | $43.03 | $7,925.85 |
| 28 | $7,925.85 | $272.54 | $0.00 | $44.81 | $8,243.20 |
| 29 | $8,243.20 | $272.54 | $0.00 | $46.61 | $8,562.35 |
| 30 | $8,562.35 | $272.54 | $0.00 | $48.41 | $8,883.30 |
| 31 | $8,883.30 | $272.54 | $0.00 | $50.23 | $9,206.07 |
| 32 | $9,206.07 | $272.54 | $0.00 | $52.05 | $9,530.66 |
| 33 | $9,530.66 | $272.54 | $0.00 | $53.89 | $9,857.09 |
| 34 | $9,857.09 | $272.54 | $0.00 | $55.73 | $10,185.36 |
| 35 | $10,185.36 | $272.54 | $0.00 | $57.59 | $10,515.49 |
| 36 | $10,515.49 | $272.54 | $0.00 | $59.46 | $10,847.49 |
| 37 | $10,847.49 | $272.54 | $0.00 | $61.33 | $11,181.36 |
| 38 | $11,181.36 | $272.54 | $0.00 | $63.22 | $11,517.12 |
| 39 | $11,517.12 | $272.54 | $0.00 | $65.12 | $11,854.78 |
| 40 | $11,854.78 | $272.54 | $0.00 | $67.03 | $12,194.35 |
| 41 | $12,194.35 | $272.54 | $0.00 | $68.95 | $12,535.84 |
| 42 | $12,535.84 | $272.54 | $0.00 | $70.88 | $12,879.26 |
| 43 | $12,879.26 | $272.54 | $0.00 | $72.82 | $13,224.62 |
| 44 | $13,224.62 | $272.54 | $0.00 | $74.77 | $13,571.93 |
| 45 | $13,571.93 | $272.54 | $0.00 | $76.74 | $13,921.21 |
| 46 | $13,921.21 | $272.54 | $0.00 | $78.71 | $14,272.46 |
| 47 | $14,272.46 | $272.54 | $0.00 | $80.70 | $14,625.70 |
| 48 | $14,625.70 | $272.54 | $0.00 | $82.70 | $14,980.94 |
| 49 | $14,980.94 | $272.54 | $0.00 | $84.70 | $15,338.18 |
| 50 | $15,338.18 | $272.54 | $0.00 | $86.72 | $15,697.44 |
| 51 | $15,697.44 | $272.54 | $0.00 | $88.76 | $16,058.74 |
| 52 | $16,058.74 | $272.54 | $0.00 | $90.80 | $16,422.08 |
| 53 | $16,422.08 | $272.54 | $0.00 | $92.85 | $16,787.47 |
| 54 | $16,787.47 | $272.54 | $0.00 | $94.92 | $17,154.93 |
| 55 | $17,154.93 | $272.54 | $0.00 | $97.00 | $17,524.47 |
| 56 | $17,524.47 | $272.54 | $0.00 | $99.09 | $17,896.10 |
| 57 | $17,896.10 | $272.54 | $0.00 | $101.19 | $18,269.83 |
| 58 | $18,269.83 | $272.54 | $0.00 | $103.30 | $18,645.67 |
| 59 | $18,645.67 | $272.54 | $0.00 | $105.43 | $19,023.64 |
| 60 | $19,023.64 | $272.54 | $0.00 | $107.56 | $19,403.74 |
| 61 | $19,403.74 | $272.54 | $0.00 | $109.71 | $19,785.99 |
| 62 | $19,785.99 | $272.54 | $0.00 | $111.87 | $20,170.40 |
| 63 | $20,170.40 | $272.54 | $0.00 | $114.05 | $20,556.99 |
| 64 | $20,556.99 | $272.54 | $0.00 | $116.23 | $20,945.76 |
| 65 | $20,945.76 | $272.54 | $0.00 | $118.43 | $21,336.73 |
| 66 | $21,336.73 | $272.54 | $0.00 | $120.64 | $21,729.91 |
| 67 | $21,729.91 | $272.54 | $0.00 | $122.86 | $22,125.31 |
| 68 | $22,125.31 | $272.54 | $0.00 | $125.10 | $22,522.95 |
| 69 | $22,522.95 | $272.54 | $0.00 | $127.35 | $22,922.84 |
| 70 | $22,922.84 | $272.54 | $0.00 | $129.61 | $23,324.99 |
| 71 | $23,324.99 | $272.54 | $0.00 | $131.88 | $23,729.41 |
| 72 | $23,729.41 | $272.54 | $0.00 | $134.17 | $24,136.12 |
| 73 | $24,136.12 | $272.54 | $0.00 | $136.47 | $24,545.13 |
| 74 | $24,545.13 | $272.54 | $0.00 | $138.78 | $24,956.45 |
| 75 | $24,956.45 | $272.54 | $0.00 | $141.11 | $25,370.10 |
| 76 | $25,370.10 | $272.54 | $0.00 | $143.45 | $25,786.09 |
| 77 | $25,786.09 | $272.54 | $0.00 | $145.80 | $26,204.43 |
| 78 | $26,204.43 | $272.54 | $0.00 | $148.16 | $26,625.13 |
| 79 | $26,625.13 | $272.54 | $0.00 | $150.54 | $27,048.21 |
| 80 | $27,048.21 | $272.54 | $0.00 | $152.93 | $27,473.68 |
| 81 | $27,473.68 | $272.54 | $0.00 | $155.34 | $27,901.56 |
| 82 | $27,901.56 | $272.54 | $0.00 | $157.76 | $28,331.86 |
| 83 | $28,331.86 | $272.54 | $0.00 | $160.19 | $28,764.59 |
| 84 | $28,764.59 | $272.54 | $0.00 | $162.64 | $29,199.77 |
| 85 | $29,199.77 | $272.54 | $0.00 | $165.10 | $29,637.41 |
| 86 | $29,637.41 | $272.54 | $0.00 | $167.57 | $30,077.52 |
| 87 | $30,077.52 | $272.54 | $0.00 | $170.06 | $30,520.12 |
| 88 | $30,520.12 | $272.54 | $0.00 | $172.57 | $30,965.23 |
| 89 | $30,965.23 | $272.54 | $0.00 | $175.08 | $31,412.85 |
| 90 | $31,412.85 | $272.54 | $0.00 | $177.61 | $31,863.00 |
| 91 | $31,863.00 | $272.54 | $0.00 | $180.16 | $32,315.70 |
| 92 | $32,315.70 | $272.54 | $0.00 | $182.72 | $32,770.96 |
| 93 | $32,770.96 | $272.54 | $0.00 | $185.29 | $33,228.79 |
| 94 | $33,228.79 | $272.54 | $0.00 | $187.88 | $33,689.21 |
| 95 | $33,689.21 | $272.54 | $0.00 | $190.48 | $34,152.23 |
| 96 | $34,152.23 | $272.54 | $0.00 | $193.10 | $34,617.87 |
| 97 | $34,617.87 | $272.54 | $0.00 | $195.73 | $35,086.14 |
| 98 | $35,086.14 | $272.54 | $0.00 | $198.38 | $35,557.06 |
| 99 | $35,557.06 | $272.54 | $0.00 | $201.04 | $36,030.64 |
| 100 | $36,030.64 | $272.54 | $0.00 | $203.72 | $36,506.90 |
| 101 | $36,506.90 | $272.54 | $0.00 | $206.42 | $36,985.86 |
| 102 | $36,985.86 | $272.54 | $0.00 | $209.12 | $37,467.52 |
| 103 | $37,467.52 | $272.54 | $0.00 | $211.85 | $37,951.91 |
| 104 | $37,951.91 | $272.54 | $0.00 | $214.59 | $38,439.04 |
| 105 | $38,439.04 | $272.54 | $0.00 | $217.34 | $38,928.92 |
| 106 | $38,928.92 | $272.54 | $0.00 | $220.11 | $39,421.57 |
| 107 | $39,421.57 | $272.54 | $0.00 | $222.90 | $39,917.01 |
| 108 | $39,917.01 | $272.54 | $0.00 | $225.70 | $40,415.25 |
| 109 | $40,415.25 | $272.54 | $0.00 | $228.51 | $40,916.30 |
| 110 | $40,916.30 | $272.54 | $0.00 | $231.35 | $41,420.19 |
| 111 | $41,420.19 | $272.54 | $0.00 | $234.20 | $41,926.93 |
| 112 | $41,926.93 | $272.54 | $0.00 | $237.06 | $42,436.53 |
| 113 | $42,436.53 | $272.54 | $0.00 | $239.94 | $42,949.01 |
| 114 | $42,949.01 | $272.54 | $0.00 | $242.84 | $43,464.39 |
| 115 | $43,464.39 | $272.54 | $0.00 | $245.75 | $43,982.68 |
| 116 | $43,982.68 | $272.54 | $0.00 | $248.68 | $44,503.90 |
| 117 | $44,503.90 | $272.54 | $0.00 | $251.63 | $45,028.07 |
| 118 | $45,028.07 | $272.54 | $0.00 | $254.60 | $45,555.21 |
| 119 | $45,555.21 | $272.54 | $0.00 | $257.58 | $46,085.33 |
| 120 | $46,085.33 | $272.54 | $0.00 | $260.57 | $46,618.44 |
| 121 | $46,618.44 | $272.54 | $0.00 | $263.59 | $47,154.57 |
| 122 | $47,154.57 | $272.54 | $0.00 | $266.62 | $47,693.73 |
| 123 | $47,693.73 | $272.54 | $0.00 | $269.67 | $48,235.94 |
| 124 | $48,235.94 | $272.54 | $0.00 | $272.73 | $48,781.21 |
| 125 | $48,781.21 | $272.54 | $0.00 | $275.82 | $49,329.57 |
| 126 | $49,329.57 | $272.54 | $0.00 | $278.92 | $49,881.03 |
| 127 | $49,881.03 | $272.54 | $0.00 | $282.03 | $50,435.60 |
| 128 | $50,435.60 | $272.54 | $0.00 | $285.17 | $50,993.31 |
| 129 | $50,993.31 | $272.54 | $0.00 | $288.32 | $51,554.17 |
| 130 | $51,554.17 | $272.54 | $0.00 | $291.49 | $52,118.20 |
| 131 | $52,118.20 | $272.54 | $0.00 | $294.68 | $52,685.42 |
| 132 | $52,685.42 | $272.54 | $0.00 | $297.89 | $53,255.85 |
| 133 | $53,255.85 | $272.54 | $0.00 | $301.12 | $53,829.51 |
| 134 | $53,829.51 | $272.54 | $0.00 | $304.36 | $54,406.41 |
| 135 | $54,406.41 | $272.54 | $0.00 | $307.62 | $54,986.57 |
| 136 | $54,986.57 | $272.54 | $0.00 | $310.90 | $55,570.01 |
| 137 | $55,570.01 | $272.54 | $0.00 | $314.20 | $56,156.75 |
| 138 | $56,156.75 | $272.54 | $0.00 | $317.52 | $56,746.81 |
| 139 | $56,746.81 | $272.54 | $0.00 | $320.85 | $57,340.20 |
| 140 | $57,340.20 | $272.54 | $0.00 | $324.21 | $57,936.95 |
| 141 | $57,936.95 | $272.54 | $0.00 | $327.58 | $58,537.07 |
| 142 | $58,537.07 | $272.54 | $0.00 | $330.98 | $59,140.59 |
| 143 | $59,140.59 | $272.54 | $0.00 | $334.39 | $59,747.52 |
| 144 | $59,747.52 | $272.54 | $0.00 | $337.82 | $60,357.88 |
| 145 | $60,357.88 | $272.54 | $0.00 | $341.27 | $60,971.69 |
| 146 | $60,971.69 | $272.54 | $0.00 | $344.74 | $61,588.97 |
| 147 | $61,588.97 | $272.54 | $0.00 | $348.23 | $62,209.74 |
| 148 | $62,209.74 | $272.54 | $0.00 | $351.74 | $62,834.02 |
| 149 | $62,834.02 | $272.54 | $0.00 | $355.27 | $63,461.83 |
| 150 | $63,461.83 | $272.54 | $0.00 | $358.82 | $64,093.19 |
| 151 | $64,093.19 | $272.54 | $0.00 | $362.39 | $64,728.12 |
| 152 | $64,728.12 | $272.54 | $0.00 | $365.98 | $65,366.64 |
| 153 | $65,366.64 | $272.54 | $0.00 | $369.59 | $66,008.77 |
| 154 | $66,008.77 | $272.54 | $0.00 | $373.22 | $66,654.53 |
| 155 | $66,654.53 | $272.54 | $0.00 | $376.87 | $67,303.94 |
| 156 | $67,303.94 | $272.54 | $0.00 | $380.55 | $67,957.03 |
| 157 | $67,957.03 | $272.54 | $0.00 | $384.24 | $68,613.81 |
| 158 | $68,613.81 | $272.54 | $0.00 | $387.95 | $69,274.30 |
| 159 | $69,274.30 | $272.54 | $0.00 | $391.69 | $69,938.53 |
| 160 | $69,938.53 | $272.54 | $0.00 | $395.44 | $70,606.51 |
| 161 | $70,606.51 | $272.54 | $0.00 | $399.22 | $71,278.27 |
| 162 | $71,278.27 | $272.54 | $0.00 | $403.02 | $71,953.83 |
| 163 | $71,953.83 | $272.54 | $0.00 | $406.84 | $72,633.21 |
| 164 | $72,633.21 | $272.54 | $0.00 | $410.68 | $73,316.43 |
| 165 | $73,316.43 | $272.54 | $0.00 | $414.54 | $74,003.51 |
| 166 | $74,003.51 | $272.54 | $0.00 | $418.43 | $74,694.48 |
| 167 | $74,694.48 | $272.54 | $0.00 | $422.33 | $75,389.35 |
| 168 | $75,389.35 | $272.54 | $0.00 | $426.26 | $76,088.15 |
| 169 | $76,088.15 | $272.54 | $0.00 | $430.21 | $76,790.90 |
| 170 | $76,790.90 | $272.54 | $0.00 | $434.19 | $77,497.63 |
| 171 | $77,497.63 | $272.54 | $0.00 | $438.18 | $78,208.35 |
| 172 | $78,208.35 | $272.54 | $0.00 | $442.20 | $78,923.09 |
| 173 | $78,923.09 | $272.54 | $0.00 | $446.24 | $79,641.87 |
| 174 | $79,641.87 | $272.54 | $0.00 | $450.31 | $80,364.72 |
| 175 | $80,364.72 | $272.54 | $0.00 | $454.39 | $81,091.65 |
| 176 | $81,091.65 | $272.54 | $0.00 | $458.50 | $81,822.69 |
| 177 | $81,822.69 | $272.54 | $0.00 | $462.64 | $82,557.87 |
| 178 | $82,557.87 | $272.54 | $0.00 | $466.79 | $83,297.20 |
| 179 | $83,297.20 | $272.54 | $0.00 | $470.97 | $84,040.71 |
| 180 | $84,040.71 | $272.54 | $0.00 | $475.18 | $84,788.43 |
| 181 | $84,788.43 | $272.54 | $0.00 | $479.41 | $85,540.38 |
| 182 | $85,540.38 | $272.54 | $0.00 | $483.66 | $86,296.58 |
| 183 | $86,296.58 | $272.54 | $0.00 | $487.93 | $87,057.05 |
| 184 | $87,057.05 | $272.54 | $0.00 | $492.23 | $87,821.82 |
| 185 | $87,821.82 | $272.54 | $0.00 | $496.56 | $88,590.92 |
| 186 | $88,590.92 | $272.54 | $0.00 | $500.91 | $89,364.37 |
| 187 | $89,364.37 | $272.54 | $0.00 | $505.28 | $90,142.19 |
| 188 | $90,142.19 | $272.54 | $0.00 | $509.68 | $90,924.41 |
| 189 | $90,924.41 | $272.54 | $0.00 | $514.10 | $91,711.05 |
| 190 | $91,711.05 | $272.54 | $0.00 | $518.55 | $92,502.14 |
| 191 | $92,502.14 | $272.54 | $0.00 | $523.02 | $93,297.70 |
| 192 | $93,297.70 | $272.54 | $0.00 | $527.52 | $94,097.76 |
| 193 | $94,097.76 | $272.54 | $0.00 | $532.04 | $94,902.34 |
| 194 | $94,902.34 | $272.54 | $0.00 | $536.59 | $95,711.47 |
| 195 | $95,711.47 | $272.54 | $0.00 | $541.17 | $96,525.18 |
| 196 | $96,525.18 | $272.54 | $0.00 | $545.77 | $97,343.49 |
| 197 | $97,343.49 | $272.54 | $0.00 | $550.39 | $98,166.42 |
| 198 | $98,166.42 | $272.54 | $0.00 | $555.05 | $98,994.01 |
| 199 | $98,994.01 | $272.54 | $0.00 | $559.73 | $99,826.28 |
| 200 | $99,826.28 | $272.54 | $0.00 | $564.43 | $100,663.25 |
| 201 | $100,663.25 | $272.54 | $0.00 | $569.16 | $101,504.95 |
| 202 | $101,504.95 | $272.54 | $0.00 | $573.92 | $102,351.41 |
| 203 | $102,351.41 | $272.54 | $0.00 | $578.71 | $103,202.66 |
| 204 | $103,202.66 | $272.54 | $0.00 | $583.52 | $104,058.72 |
| 205 | $104,058.72 | $272.54 | $0.00 | $588.36 | $104,919.62 |
| 206 | $104,919.62 | $272.54 | $0.00 | $593.23 | $105,785.39 |
| 207 | $105,785.39 | $272.54 | $0.00 | $598.13 | $106,656.06 |
| 208 | $106,656.06 | $272.54 | $0.00 | $603.05 | $107,531.65 |
| 209 | $107,531.65 | $272.54 | $0.00 | $608.00 | $108,412.19 |
| 210 | $108,412.19 | $272.54 | $0.00 | $612.98 | $109,297.71 |
| 211 | $109,297.71 | $272.54 | $0.00 | $617.99 | $110,188.24 |
| 212 | $110,188.24 | $272.54 | $0.00 | $623.02 | $111,083.80 |
| 213 | $111,083.80 | $272.54 | $0.00 | $628.08 | $111,984.42 |
| 214 | $111,984.42 | $272.54 | $0.00 | $633.18 | $112,890.14 |
| 215 | $112,890.14 | $272.54 | $0.00 | $638.30 | $113,800.98 |
| 216 | $113,800.98 | $272.54 | $0.00 | $643.45 | $114,716.97 |
| 217 | $114,716.97 | $272.54 | $59,270.49 | $648.63 | $56,367.65 |
| 218 | $56,367.65 | $272.54 | $0.00 | $318.71 | $56,958.90 |
| 219 | $56,958.90 | $272.54 | $0.00 | $322.05 | $57,553.49 |
| 220 | $57,553.49 | $272.54 | $0.00 | $325.42 | $58,151.45 |
| 221 | $58,151.45 | $272.54 | $0.00 | $328.80 | $58,752.79 |
| 222 | $58,752.79 | $272.54 | $0.00 | $332.20 | $59,357.53 |
| 223 | $59,357.53 | $272.54 | $0.00 | $335.62 | $59,965.69 |
| 224 | $59,965.69 | $272.54 | $0.00 | $339.05 | $60,577.28 |
| 225 | $60,577.28 | $272.54 | $0.00 | $342.51 | $61,192.33 |
| 226 | $61,192.33 | $272.54 | $0.00 | $345.99 | $61,810.86 |
| 227 | $61,810.86 | $272.54 | $0.00 | $349.49 | $62,432.89 |
| 228 | $62,432.89 | $272.54 | $0.00 | $353.00 | $63,058.43 |
| 229 | $63,058.43 | $0.00 | $63,419.43 | $356.54 | -$4.46 |