Savings Plan and Future Cost Estimation for University of Phoenix Cleveland Campus

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$48,975
Monthly savings required$388

How much will it cost to send your child to University of Phoenix Cleveland Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $195,901.26 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $387.68 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.

Assumptions

Current Annual Cost$18,886.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford University of Phoenix Cleveland Campus in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $387.68 $0.00 $0.00 $387.68
2 $387.68 $387.68 $0.00 $2.19 $777.55
3 $777.55 $387.68 $0.00 $4.40 $1,169.63
4 $1,169.63 $387.68 $0.00 $6.61 $1,563.92
5 $1,563.92 $387.68 $0.00 $8.84 $1,960.44
6 $1,960.44 $387.68 $0.00 $11.08 $2,359.20
7 $2,359.20 $387.68 $0.00 $13.34 $2,760.22
8 $2,760.22 $387.68 $0.00 $15.61 $3,163.51
9 $3,163.51 $387.68 $0.00 $17.89 $3,569.08
10 $3,569.08 $387.68 $0.00 $20.18 $3,976.94
11 $3,976.94 $387.68 $0.00 $22.49 $4,387.11
12 $4,387.11 $387.68 $0.00 $24.81 $4,799.60
13 $4,799.60 $387.68 $0.00 $27.14 $5,214.42
14 $5,214.42 $387.68 $0.00 $29.48 $5,631.58
15 $5,631.58 $387.68 $0.00 $31.84 $6,051.10
16 $6,051.10 $387.68 $0.00 $34.21 $6,472.99
17 $6,472.99 $387.68 $0.00 $36.60 $6,897.27
18 $6,897.27 $387.68 $0.00 $39.00 $7,323.95
19 $7,323.95 $387.68 $0.00 $41.41 $7,753.04
20 $7,753.04 $387.68 $0.00 $43.84 $8,184.56
21 $8,184.56 $387.68 $0.00 $46.28 $8,618.52
22 $8,618.52 $387.68 $0.00 $48.73 $9,054.93
23 $9,054.93 $387.68 $0.00 $51.20 $9,493.81
24 $9,493.81 $387.68 $0.00 $53.68 $9,935.17
25 $9,935.17 $387.68 $0.00 $56.17 $10,379.02
26 $10,379.02 $387.68 $0.00 $58.68 $10,825.38
27 $10,825.38 $387.68 $0.00 $61.21 $11,274.27
28 $11,274.27 $387.68 $0.00 $63.75 $11,725.70
29 $11,725.70 $387.68 $0.00 $66.30 $12,179.68
30 $12,179.68 $387.68 $0.00 $68.87 $12,636.23
31 $12,636.23 $387.68 $0.00 $71.45 $13,095.36
32 $13,095.36 $387.68 $0.00 $74.04 $13,557.08
33 $13,557.08 $387.68 $0.00 $76.65 $14,021.41
34 $14,021.41 $387.68 $0.00 $79.28 $14,488.37
35 $14,488.37 $387.68 $0.00 $81.92 $14,957.97
36 $14,957.97 $387.68 $0.00 $84.57 $15,430.22
37 $15,430.22 $387.68 $0.00 $87.24 $15,905.14
38 $15,905.14 $387.68 $0.00 $89.93 $16,382.75
39 $16,382.75 $387.68 $0.00 $92.63 $16,863.06
40 $16,863.06 $387.68 $0.00 $95.35 $17,346.09
41 $17,346.09 $387.68 $0.00 $98.08 $17,831.85
42 $17,831.85 $387.68 $0.00 $100.82 $18,320.35
43 $18,320.35 $387.68 $0.00 $103.59 $18,811.62
44 $18,811.62 $387.68 $0.00 $106.36 $19,305.66
45 $19,305.66 $387.68 $0.00 $109.16 $19,802.50
46 $19,802.50 $387.68 $0.00 $111.97 $20,302.15
47 $20,302.15 $387.68 $0.00 $114.79 $20,804.62
48 $20,804.62 $387.68 $0.00 $117.63 $21,309.93
49 $21,309.93 $387.68 $0.00 $120.49 $21,818.10
50 $21,818.10 $387.68 $0.00 $123.36 $22,329.14
51 $22,329.14 $387.68 $0.00 $126.25 $22,843.07
52 $22,843.07 $387.68 $0.00 $129.16 $23,359.91
53 $23,359.91 $387.68 $0.00 $132.08 $23,879.67
54 $23,879.67 $387.68 $0.00 $135.02 $24,402.37
55 $24,402.37 $387.68 $0.00 $137.97 $24,928.02
56 $24,928.02 $387.68 $0.00 $140.95 $25,456.65
57 $25,456.65 $387.68 $0.00 $143.94 $25,988.27
58 $25,988.27 $387.68 $0.00 $146.94 $26,522.89
59 $26,522.89 $387.68 $0.00 $149.96 $27,060.53
60 $27,060.53 $387.68 $0.00 $153.00 $27,601.21
61 $27,601.21 $387.68 $0.00 $156.06 $28,144.95
62 $28,144.95 $387.68 $0.00 $159.14 $28,691.77
63 $28,691.77 $387.68 $0.00 $162.23 $29,241.68
64 $29,241.68 $387.68 $0.00 $165.34 $29,794.70
65 $29,794.70 $387.68 $0.00 $168.46 $30,350.84
66 $30,350.84 $387.68 $0.00 $171.61 $30,910.13
67 $30,910.13 $387.68 $0.00 $174.77 $31,472.58
68 $31,472.58 $387.68 $0.00 $177.95 $32,038.21
69 $32,038.21 $387.68 $0.00 $181.15 $32,607.04
70 $32,607.04 $387.68 $0.00 $184.36 $33,179.08
71 $33,179.08 $387.68 $0.00 $187.60 $33,754.36
72 $33,754.36 $387.68 $0.00 $190.85 $34,332.89
73 $34,332.89 $387.68 $0.00 $194.12 $34,914.69
74 $34,914.69 $387.68 $0.00 $197.41 $35,499.78
75 $35,499.78 $387.68 $0.00 $200.72 $36,088.18
76 $36,088.18 $387.68 $0.00 $204.05 $36,679.91
77 $36,679.91 $387.68 $0.00 $207.39 $37,274.98
78 $37,274.98 $387.68 $0.00 $210.76 $37,873.42
79 $37,873.42 $387.68 $0.00 $214.14 $38,475.24
80 $38,475.24 $387.68 $0.00 $217.54 $39,080.46
81 $39,080.46 $387.68 $0.00 $220.97 $39,689.11
82 $39,689.11 $387.68 $0.00 $224.41 $40,301.20
83 $40,301.20 $387.68 $0.00 $227.87 $40,916.75
84 $40,916.75 $387.68 $0.00 $231.35 $41,535.78
85 $41,535.78 $387.68 $0.00 $234.85 $42,158.31
86 $42,158.31 $387.68 $0.00 $238.37 $42,784.36
87 $42,784.36 $387.68 $0.00 $241.91 $43,413.95
88 $43,413.95 $387.68 $0.00 $245.47 $44,047.10
89 $44,047.10 $387.68 $0.00 $249.05 $44,683.83
90 $44,683.83 $387.68 $0.00 $252.65 $45,324.16
91 $45,324.16 $387.68 $0.00 $256.27 $45,968.11
92 $45,968.11 $387.68 $0.00 $259.91 $46,615.70
93 $46,615.70 $387.68 $0.00 $263.57 $47,266.95
94 $47,266.95 $387.68 $0.00 $267.25 $47,921.88
95 $47,921.88 $387.68 $0.00 $270.96 $48,580.52
96 $48,580.52 $387.68 $0.00 $274.68 $49,242.88
97 $49,242.88 $387.68 $0.00 $278.43 $49,908.99
98 $49,908.99 $387.68 $0.00 $282.19 $50,578.86
99 $50,578.86 $387.68 $0.00 $285.98 $51,252.52
100 $51,252.52 $387.68 $0.00 $289.79 $51,929.99
101 $51,929.99 $387.68 $0.00 $293.62 $52,611.29
102 $52,611.29 $387.68 $0.00 $297.47 $53,296.44
103 $53,296.44 $387.68 $0.00 $301.35 $53,985.47
104 $53,985.47 $387.68 $0.00 $305.24 $54,678.39
105 $54,678.39 $387.68 $0.00 $309.16 $55,375.23
106 $55,375.23 $387.68 $0.00 $313.10 $56,076.01
107 $56,076.01 $387.68 $0.00 $317.06 $56,780.75
108 $56,780.75 $387.68 $0.00 $321.05 $57,489.48
109 $57,489.48 $387.68 $0.00 $325.05 $58,202.21
110 $58,202.21 $387.68 $0.00 $329.08 $58,918.97
111 $58,918.97 $387.68 $0.00 $333.14 $59,639.79
112 $59,639.79 $387.68 $0.00 $337.21 $60,364.68
113 $60,364.68 $387.68 $0.00 $341.31 $61,093.67
114 $61,093.67 $387.68 $0.00 $345.43 $61,826.78
115 $61,826.78 $387.68 $0.00 $349.58 $62,564.04
116 $62,564.04 $387.68 $0.00 $353.75 $63,305.47
117 $63,305.47 $387.68 $0.00 $357.94 $64,051.09
118 $64,051.09 $387.68 $0.00 $362.15 $64,800.92
119 $64,800.92 $387.68 $0.00 $366.39 $65,554.99
120 $65,554.99 $387.68 $0.00 $370.66 $66,313.33
121 $66,313.33 $387.68 $0.00 $374.95 $67,075.96
122 $67,075.96 $387.68 $0.00 $379.26 $67,842.90
123 $67,842.90 $387.68 $0.00 $383.59 $68,614.17
124 $68,614.17 $387.68 $0.00 $387.95 $69,389.80
125 $69,389.80 $387.68 $0.00 $392.34 $70,169.82
126 $70,169.82 $387.68 $0.00 $396.75 $70,954.25
127 $70,954.25 $387.68 $0.00 $401.19 $71,743.12
128 $71,743.12 $387.68 $0.00 $405.65 $72,536.45
129 $72,536.45 $387.68 $0.00 $410.13 $73,334.26
130 $73,334.26 $387.68 $0.00 $414.64 $74,136.58
131 $74,136.58 $387.68 $0.00 $419.18 $74,943.44
132 $74,943.44 $387.68 $0.00 $423.74 $75,754.86
133 $75,754.86 $387.68 $0.00 $428.33 $76,570.87
134 $76,570.87 $387.68 $0.00 $432.94 $77,391.49
135 $77,391.49 $387.68 $0.00 $437.58 $78,216.75
136 $78,216.75 $387.68 $0.00 $442.25 $79,046.68
137 $79,046.68 $387.68 $0.00 $446.94 $79,881.30
138 $79,881.30 $387.68 $0.00 $451.66 $80,720.64
139 $80,720.64 $387.68 $0.00 $456.41 $81,564.73
140 $81,564.73 $387.68 $0.00 $461.18 $82,413.59
141 $82,413.59 $387.68 $0.00 $465.98 $83,267.25
142 $83,267.25 $387.68 $0.00 $470.81 $84,125.74
143 $84,125.74 $387.68 $0.00 $475.66 $84,989.08
144 $84,989.08 $387.68 $0.00 $480.54 $85,857.30
145 $85,857.30 $387.68 $0.00 $485.45 $86,730.43
146 $86,730.43 $387.68 $0.00 $490.39 $87,608.50
147 $87,608.50 $387.68 $0.00 $495.35 $88,491.53
148 $88,491.53 $387.68 $0.00 $500.34 $89,379.55
149 $89,379.55 $387.68 $0.00 $505.36 $90,272.59
150 $90,272.59 $387.68 $0.00 $510.41 $91,170.68
151 $91,170.68 $387.68 $0.00 $515.49 $92,073.85
152 $92,073.85 $387.68 $0.00 $520.60 $92,982.13
153 $92,982.13 $387.68 $0.00 $525.73 $93,895.54
154 $93,895.54 $387.68 $0.00 $530.90 $94,814.12
155 $94,814.12 $387.68 $0.00 $536.09 $95,737.89
156 $95,737.89 $387.68 $0.00 $541.32 $96,666.89
157 $96,666.89 $387.68 $0.00 $546.57 $97,601.14
158 $97,601.14 $387.68 $0.00 $551.85 $98,540.67
159 $98,540.67 $387.68 $0.00 $557.16 $99,485.51
160 $99,485.51 $387.68 $0.00 $562.51 $100,435.70
161 $100,435.70 $387.68 $0.00 $567.88 $101,391.26
162 $101,391.26 $387.68 $0.00 $573.28 $102,352.22
163 $102,352.22 $387.68 $0.00 $578.71 $103,318.61
164 $103,318.61 $387.68 $0.00 $584.18 $104,290.47
165 $104,290.47 $387.68 $0.00 $589.67 $105,267.82
166 $105,267.82 $387.68 $0.00 $595.20 $106,250.70
167 $106,250.70 $387.68 $0.00 $600.76 $107,239.14
168 $107,239.14 $387.68 $0.00 $606.35 $108,233.17
169 $108,233.17 $387.68 $0.00 $611.97 $109,232.82
170 $109,232.82 $387.68 $0.00 $617.62 $110,238.12
171 $110,238.12 $387.68 $0.00 $623.30 $111,249.10
172 $111,249.10 $387.68 $0.00 $629.02 $112,265.80
173 $112,265.80 $387.68 $0.00 $634.77 $113,288.25
174 $113,288.25 $387.68 $0.00 $640.55 $114,316.48
175 $114,316.48 $387.68 $0.00 $646.36 $115,350.52
176 $115,350.52 $387.68 $0.00 $652.21 $116,390.41
177 $116,390.41 $387.68 $0.00 $658.09 $117,436.18
178 $117,436.18 $387.68 $0.00 $664.00 $118,487.86
179 $118,487.86 $387.68 $0.00 $669.95 $119,545.49
180 $119,545.49 $387.68 $0.00 $675.93 $120,609.10
181 $120,609.10 $387.68 $0.00 $681.94 $121,678.72
182 $121,678.72 $387.68 $0.00 $687.99 $122,754.39
183 $122,754.39 $387.68 $0.00 $694.07 $123,836.14
184 $123,836.14 $387.68 $0.00 $700.19 $124,924.01
185 $124,924.01 $387.68 $0.00 $706.34 $126,018.03
186 $126,018.03 $387.68 $0.00 $712.52 $127,118.23
187 $127,118.23 $387.68 $0.00 $718.74 $128,224.65
188 $128,224.65 $387.68 $0.00 $725.00 $129,337.33
189 $129,337.33 $387.68 $0.00 $731.29 $130,456.30
190 $130,456.30 $387.68 $0.00 $737.62 $131,581.60
191 $131,581.60 $387.68 $0.00 $743.98 $132,713.26
192 $132,713.26 $387.68 $0.00 $750.38 $133,851.32
193 $133,851.32 $387.68 $0.00 $756.81 $134,995.81
194 $134,995.81 $387.68 $0.00 $763.29 $136,146.78
195 $136,146.78 $387.68 $0.00 $769.79 $137,304.25
196 $137,304.25 $387.68 $0.00 $776.34 $138,468.27
197 $138,468.27 $387.68 $0.00 $782.92 $139,638.87
198 $139,638.87 $387.68 $0.00 $789.54 $140,816.09
199 $140,816.09 $387.68 $0.00 $796.19 $141,999.96
200 $141,999.96 $387.68 $0.00 $802.89 $143,190.53
201 $143,190.53 $387.68 $0.00 $809.62 $144,387.83
202 $144,387.83 $387.68 $0.00 $816.39 $145,591.90
203 $145,591.90 $387.68 $0.00 $823.20 $146,802.78
204 $146,802.78 $387.68 $0.00 $830.04 $148,020.50
205 $148,020.50 $387.68 $0.00 $836.93 $149,245.11
206 $149,245.11 $387.68 $0.00 $843.85 $150,476.64
207 $150,476.64 $387.68 $0.00 $850.82 $151,715.14
208 $151,715.14 $387.68 $0.00 $857.82 $152,960.64
209 $152,960.64 $387.68 $0.00 $864.86 $154,213.18
210 $154,213.18 $387.68 $0.00 $871.94 $155,472.80
211 $155,472.80 $387.68 $0.00 $879.07 $156,739.55
212 $156,739.55 $387.68 $0.00 $886.23 $158,013.46
213 $158,013.46 $387.68 $0.00 $893.43 $159,294.57
214 $159,294.57 $387.68 $0.00 $900.67 $160,582.92
215 $160,582.92 $387.68 $0.00 $907.96 $161,878.56
216 $161,878.56 $387.68 $0.00 $915.28 $163,181.52
217 $163,181.52 $387.68 $45,451.41 $922.65 $119,040.44
218 $119,040.44 $387.68 $0.00 $673.07 $120,101.19
219 $120,101.19 $387.68 $0.00 $679.07 $121,167.94
220 $121,167.94 $387.68 $0.00 $685.10 $122,240.72
221 $122,240.72 $387.68 $0.00 $691.17 $123,319.57
222 $123,319.57 $387.68 $0.00 $697.27 $124,404.52
223 $124,404.52 $387.68 $0.00 $703.40 $125,495.60
224 $125,495.60 $387.68 $0.00 $709.57 $126,592.85
225 $126,592.85 $387.68 $0.00 $715.77 $127,696.30
226 $127,696.30 $387.68 $0.00 $722.01 $128,805.99
227 $128,805.99 $387.68 $0.00 $728.29 $129,921.96
228 $129,921.96 $387.68 $0.00 $734.60 $131,044.24
229 $131,044.24 $387.68 $47,723.98 $740.94 $84,448.88
230 $84,448.88 $387.68 $0.00 $477.49 $85,314.05
231 $85,314.05 $387.68 $0.00 $482.38 $86,184.11
232 $86,184.11 $387.68 $0.00 $487.30 $87,059.09
233 $87,059.09 $387.68 $0.00 $492.24 $87,939.01
234 $87,939.01 $387.68 $0.00 $497.22 $88,823.91
235 $88,823.91 $387.68 $0.00 $502.22 $89,713.81
236 $89,713.81 $387.68 $0.00 $507.25 $90,608.74
237 $90,608.74 $387.68 $0.00 $512.31 $91,508.73
238 $91,508.73 $387.68 $0.00 $517.40 $92,413.81
239 $92,413.81 $387.68 $0.00 $522.52 $93,324.01
240 $93,324.01 $387.68 $0.00 $527.67 $94,239.36
241 $94,239.36 $387.68 $50,110.18 $532.84 $45,049.70
242 $45,049.70 $387.68 $0.00 $254.72 $45,692.10
243 $45,692.10 $387.68 $0.00 $258.35 $46,338.13
244 $46,338.13 $387.68 $0.00 $262.00 $46,987.81
245 $46,987.81 $387.68 $0.00 $265.68 $47,641.17
246 $47,641.17 $387.68 $0.00 $269.37 $48,298.22
247 $48,298.22 $387.68 $0.00 $273.09 $48,958.99
248 $48,958.99 $387.68 $0.00 $276.82 $49,623.49
249 $49,623.49 $387.68 $0.00 $280.58 $50,291.75
250 $50,291.75 $387.68 $0.00 $284.36 $50,963.79
251 $50,963.79 $387.68 $0.00 $288.16 $51,639.63
252 $51,639.63 $387.68 $0.00 $291.98 $52,319.29
253 $52,319.29 $0.00 $52,615.69 $295.82 ($0.58)