Savings Plan and Future Cost Estimation for Penn State Worthington Scranton

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$130,378
Monthly savings required$1,030

How much will it cost to send your child to Penn State Worthington Scranton in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $521,513.07 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,030.41 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$34,752.00
Years until enrollment18
Annual Tuition Increase7%
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 Penn State Worthington Scranton in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,030.41 $0.00 $0.00 $1,030.41
2 $1,030.41 $1,030.41 $0.00 $5.83 $2,066.65
3 $2,066.65 $1,030.41 $0.00 $11.69 $3,108.75
4 $3,108.75 $1,030.41 $0.00 $17.58 $4,156.74
5 $4,156.74 $1,030.41 $0.00 $23.50 $5,210.65
6 $5,210.65 $1,030.41 $0.00 $29.46 $6,270.52
7 $6,270.52 $1,030.41 $0.00 $35.45 $7,336.38
8 $7,336.38 $1,030.41 $0.00 $41.48 $8,408.27
9 $8,408.27 $1,030.41 $0.00 $47.54 $9,486.22
10 $9,486.22 $1,030.41 $0.00 $53.64 $10,570.27
11 $10,570.27 $1,030.41 $0.00 $59.77 $11,660.45
12 $11,660.45 $1,030.41 $0.00 $65.93 $12,756.79
13 $12,756.79 $1,030.41 $0.00 $72.13 $13,859.33
14 $13,859.33 $1,030.41 $0.00 $78.36 $14,968.10
15 $14,968.10 $1,030.41 $0.00 $84.63 $16,083.14
16 $16,083.14 $1,030.41 $0.00 $90.94 $17,204.49
17 $17,204.49 $1,030.41 $0.00 $97.28 $18,332.18
18 $18,332.18 $1,030.41 $0.00 $103.65 $19,466.24
19 $19,466.24 $1,030.41 $0.00 $110.06 $20,606.71
20 $20,606.71 $1,030.41 $0.00 $116.51 $21,753.63
21 $21,753.63 $1,030.41 $0.00 $123.00 $22,907.04
22 $22,907.04 $1,030.41 $0.00 $129.52 $24,066.97
23 $24,066.97 $1,030.41 $0.00 $136.08 $25,233.46
24 $25,233.46 $1,030.41 $0.00 $142.67 $26,406.54
25 $26,406.54 $1,030.41 $0.00 $149.31 $27,586.26
26 $27,586.26 $1,030.41 $0.00 $155.98 $28,772.65
27 $28,772.65 $1,030.41 $0.00 $162.68 $29,965.74
28 $29,965.74 $1,030.41 $0.00 $169.43 $31,165.58
29 $31,165.58 $1,030.41 $0.00 $176.21 $32,372.20
30 $32,372.20 $1,030.41 $0.00 $183.04 $33,585.65
31 $33,585.65 $1,030.41 $0.00 $189.90 $34,805.96
32 $34,805.96 $1,030.41 $0.00 $196.80 $36,033.17
33 $36,033.17 $1,030.41 $0.00 $203.74 $37,267.32
34 $37,267.32 $1,030.41 $0.00 $210.71 $38,508.44
35 $38,508.44 $1,030.41 $0.00 $217.73 $39,756.58
36 $39,756.58 $1,030.41 $0.00 $224.79 $41,011.78
37 $41,011.78 $1,030.41 $0.00 $231.89 $42,274.08
38 $42,274.08 $1,030.41 $0.00 $239.02 $43,543.51
39 $43,543.51 $1,030.41 $0.00 $246.20 $44,820.12
40 $44,820.12 $1,030.41 $0.00 $253.42 $46,103.95
41 $46,103.95 $1,030.41 $0.00 $260.68 $47,395.04
42 $47,395.04 $1,030.41 $0.00 $267.98 $48,693.43
43 $48,693.43 $1,030.41 $0.00 $275.32 $49,999.16
44 $49,999.16 $1,030.41 $0.00 $282.70 $51,312.27
45 $51,312.27 $1,030.41 $0.00 $290.13 $52,632.81
46 $52,632.81 $1,030.41 $0.00 $297.59 $53,960.81
47 $53,960.81 $1,030.41 $0.00 $305.10 $55,296.32
48 $55,296.32 $1,030.41 $0.00 $312.65 $56,639.38
49 $56,639.38 $1,030.41 $0.00 $320.25 $57,990.04
50 $57,990.04 $1,030.41 $0.00 $327.88 $59,348.33
51 $59,348.33 $1,030.41 $0.00 $335.56 $60,714.30
52 $60,714.30 $1,030.41 $0.00 $343.29 $62,088.00
53 $62,088.00 $1,030.41 $0.00 $351.05 $63,469.46
54 $63,469.46 $1,030.41 $0.00 $358.87 $64,858.74
55 $64,858.74 $1,030.41 $0.00 $366.72 $66,255.87
56 $66,255.87 $1,030.41 $0.00 $374.62 $67,660.90
57 $67,660.90 $1,030.41 $0.00 $382.56 $69,073.87
58 $69,073.87 $1,030.41 $0.00 $390.55 $70,494.83
59 $70,494.83 $1,030.41 $0.00 $398.59 $71,923.83
60 $71,923.83 $1,030.41 $0.00 $406.67 $73,360.91
61 $73,360.91 $1,030.41 $0.00 $414.79 $74,806.11
62 $74,806.11 $1,030.41 $0.00 $422.96 $76,259.48
63 $76,259.48 $1,030.41 $0.00 $431.18 $77,721.07
64 $77,721.07 $1,030.41 $0.00 $439.45 $79,190.93
65 $79,190.93 $1,030.41 $0.00 $447.76 $80,669.10
66 $80,669.10 $1,030.41 $0.00 $456.11 $82,155.62
67 $82,155.62 $1,030.41 $0.00 $464.52 $83,650.55
68 $83,650.55 $1,030.41 $0.00 $472.97 $85,153.93
69 $85,153.93 $1,030.41 $0.00 $481.47 $86,665.81
70 $86,665.81 $1,030.41 $0.00 $490.02 $88,186.24
71 $88,186.24 $1,030.41 $0.00 $498.62 $89,715.27
72 $89,715.27 $1,030.41 $0.00 $507.26 $91,252.94
73 $91,252.94 $1,030.41 $0.00 $515.96 $92,799.31
74 $92,799.31 $1,030.41 $0.00 $524.70 $94,354.42
75 $94,354.42 $1,030.41 $0.00 $533.49 $95,918.32
76 $95,918.32 $1,030.41 $0.00 $542.34 $97,491.07
77 $97,491.07 $1,030.41 $0.00 $551.23 $99,072.71
78 $99,072.71 $1,030.41 $0.00 $560.17 $100,663.29
79 $100,663.29 $1,030.41 $0.00 $569.16 $102,262.86
80 $102,262.86 $1,030.41 $0.00 $578.21 $103,871.48
81 $103,871.48 $1,030.41 $0.00 $587.30 $105,489.19
82 $105,489.19 $1,030.41 $0.00 $596.45 $107,116.05
83 $107,116.05 $1,030.41 $0.00 $605.65 $108,752.11
84 $108,752.11 $1,030.41 $0.00 $614.90 $110,397.42
85 $110,397.42 $1,030.41 $0.00 $624.20 $112,052.03
86 $112,052.03 $1,030.41 $0.00 $633.56 $113,716.00
87 $113,716.00 $1,030.41 $0.00 $642.97 $115,389.38
88 $115,389.38 $1,030.41 $0.00 $652.43 $117,072.22
89 $117,072.22 $1,030.41 $0.00 $661.94 $118,764.57
90 $118,764.57 $1,030.41 $0.00 $671.51 $120,466.49
91 $120,466.49 $1,030.41 $0.00 $681.14 $122,178.04
92 $122,178.04 $1,030.41 $0.00 $690.81 $123,899.26
93 $123,899.26 $1,030.41 $0.00 $700.54 $125,630.21
94 $125,630.21 $1,030.41 $0.00 $710.33 $127,370.95
95 $127,370.95 $1,030.41 $0.00 $720.17 $129,121.53
96 $129,121.53 $1,030.41 $0.00 $730.07 $130,882.01
97 $130,882.01 $1,030.41 $0.00 $740.03 $132,652.45
98 $132,652.45 $1,030.41 $0.00 $750.04 $134,432.90
99 $134,432.90 $1,030.41 $0.00 $760.10 $136,223.41
100 $136,223.41 $1,030.41 $0.00 $770.23 $138,024.05
101 $138,024.05 $1,030.41 $0.00 $780.41 $139,834.87
102 $139,834.87 $1,030.41 $0.00 $790.65 $141,655.93
103 $141,655.93 $1,030.41 $0.00 $800.94 $143,487.28
104 $143,487.28 $1,030.41 $0.00 $811.30 $145,328.99
105 $145,328.99 $1,030.41 $0.00 $821.71 $147,181.11
106 $147,181.11 $1,030.41 $0.00 $832.18 $149,043.70
107 $149,043.70 $1,030.41 $0.00 $842.71 $150,916.82
108 $150,916.82 $1,030.41 $0.00 $853.31 $152,800.54
109 $152,800.54 $1,030.41 $0.00 $863.96 $154,694.91
110 $154,694.91 $1,030.41 $0.00 $874.67 $156,599.99
111 $156,599.99 $1,030.41 $0.00 $885.44 $158,515.84
112 $158,515.84 $1,030.41 $0.00 $896.27 $160,442.52
113 $160,442.52 $1,030.41 $0.00 $907.17 $162,380.10
114 $162,380.10 $1,030.41 $0.00 $918.12 $164,328.63
115 $164,328.63 $1,030.41 $0.00 $929.14 $166,288.18
116 $166,288.18 $1,030.41 $0.00 $940.22 $168,258.81
117 $168,258.81 $1,030.41 $0.00 $951.36 $170,240.58
118 $170,240.58 $1,030.41 $0.00 $962.56 $172,233.55
119 $172,233.55 $1,030.41 $0.00 $973.83 $174,237.79
120 $174,237.79 $1,030.41 $0.00 $985.17 $176,253.37
121 $176,253.37 $1,030.41 $0.00 $996.56 $178,280.34
122 $178,280.34 $1,030.41 $0.00 $1,008.02 $180,318.77
123 $180,318.77 $1,030.41 $0.00 $1,019.55 $182,368.73
124 $182,368.73 $1,030.41 $0.00 $1,031.14 $184,430.28
125 $184,430.28 $1,030.41 $0.00 $1,042.80 $186,503.49
126 $186,503.49 $1,030.41 $0.00 $1,054.52 $188,588.42
127 $188,588.42 $1,030.41 $0.00 $1,066.31 $190,685.14
128 $190,685.14 $1,030.41 $0.00 $1,078.16 $192,793.71
129 $192,793.71 $1,030.41 $0.00 $1,090.08 $194,914.20
130 $194,914.20 $1,030.41 $0.00 $1,102.07 $197,046.68
131 $197,046.68 $1,030.41 $0.00 $1,114.13 $199,191.22
132 $199,191.22 $1,030.41 $0.00 $1,126.26 $201,347.89
133 $201,347.89 $1,030.41 $0.00 $1,138.45 $203,516.75
134 $203,516.75 $1,030.41 $0.00 $1,150.71 $205,697.87
135 $205,697.87 $1,030.41 $0.00 $1,163.05 $207,891.33
136 $207,891.33 $1,030.41 $0.00 $1,175.45 $210,097.19
137 $210,097.19 $1,030.41 $0.00 $1,187.92 $212,315.52
138 $212,315.52 $1,030.41 $0.00 $1,200.46 $214,546.39
139 $214,546.39 $1,030.41 $0.00 $1,213.08 $216,789.88
140 $216,789.88 $1,030.41 $0.00 $1,225.76 $219,046.05
141 $219,046.05 $1,030.41 $0.00 $1,238.52 $221,314.98
142 $221,314.98 $1,030.41 $0.00 $1,251.35 $223,596.74
143 $223,596.74 $1,030.41 $0.00 $1,264.25 $225,891.40
144 $225,891.40 $1,030.41 $0.00 $1,277.22 $228,199.03
145 $228,199.03 $1,030.41 $0.00 $1,290.27 $230,519.71
146 $230,519.71 $1,030.41 $0.00 $1,303.39 $232,853.51
147 $232,853.51 $1,030.41 $0.00 $1,316.59 $235,200.51
148 $235,200.51 $1,030.41 $0.00 $1,329.86 $237,560.78
149 $237,560.78 $1,030.41 $0.00 $1,343.20 $239,934.39
150 $239,934.39 $1,030.41 $0.00 $1,356.62 $242,321.42
151 $242,321.42 $1,030.41 $0.00 $1,370.12 $244,721.95
152 $244,721.95 $1,030.41 $0.00 $1,383.69 $247,136.05
153 $247,136.05 $1,030.41 $0.00 $1,397.34 $249,563.80
154 $249,563.80 $1,030.41 $0.00 $1,411.07 $252,005.28
155 $252,005.28 $1,030.41 $0.00 $1,424.87 $254,460.56
156 $254,460.56 $1,030.41 $0.00 $1,438.76 $256,929.73
157 $256,929.73 $1,030.41 $0.00 $1,452.72 $259,412.86
158 $259,412.86 $1,030.41 $0.00 $1,466.76 $261,910.03
159 $261,910.03 $1,030.41 $0.00 $1,480.88 $264,421.32
160 $264,421.32 $1,030.41 $0.00 $1,495.08 $266,946.81
161 $266,946.81 $1,030.41 $0.00 $1,509.36 $269,486.58
162 $269,486.58 $1,030.41 $0.00 $1,523.72 $272,040.71
163 $272,040.71 $1,030.41 $0.00 $1,538.16 $274,609.28
164 $274,609.28 $1,030.41 $0.00 $1,552.68 $277,192.37
165 $277,192.37 $1,030.41 $0.00 $1,567.29 $279,790.07
166 $279,790.07 $1,030.41 $0.00 $1,581.97 $282,402.45
167 $282,402.45 $1,030.41 $0.00 $1,596.74 $285,029.60
168 $285,029.60 $1,030.41 $0.00 $1,611.60 $287,671.61
169 $287,671.61 $1,030.41 $0.00 $1,626.54 $290,328.56
170 $290,328.56 $1,030.41 $0.00 $1,641.56 $293,000.53
171 $293,000.53 $1,030.41 $0.00 $1,656.67 $295,687.61
172 $295,687.61 $1,030.41 $0.00 $1,671.86 $298,389.88
173 $298,389.88 $1,030.41 $0.00 $1,687.14 $301,107.43
174 $301,107.43 $1,030.41 $0.00 $1,702.51 $303,840.35
175 $303,840.35 $1,030.41 $0.00 $1,717.96 $306,588.72
176 $306,588.72 $1,030.41 $0.00 $1,733.50 $309,352.63
177 $309,352.63 $1,030.41 $0.00 $1,749.12 $312,132.16
178 $312,132.16 $1,030.41 $0.00 $1,764.84 $314,927.41
179 $314,927.41 $1,030.41 $0.00 $1,780.65 $317,738.47
180 $317,738.47 $1,030.41 $0.00 $1,796.54 $320,565.42
181 $320,565.42 $1,030.41 $0.00 $1,812.52 $323,408.35
182 $323,408.35 $1,030.41 $0.00 $1,828.60 $326,267.36
183 $326,267.36 $1,030.41 $0.00 $1,844.76 $329,142.53
184 $329,142.53 $1,030.41 $0.00 $1,861.02 $332,033.96
185 $332,033.96 $1,030.41 $0.00 $1,877.37 $334,941.74
186 $334,941.74 $1,030.41 $0.00 $1,893.81 $337,865.96
187 $337,865.96 $1,030.41 $0.00 $1,910.34 $340,806.71
188 $340,806.71 $1,030.41 $0.00 $1,926.97 $343,764.09
189 $343,764.09 $1,030.41 $0.00 $1,943.69 $346,738.19
190 $346,738.19 $1,030.41 $0.00 $1,960.51 $349,729.11
191 $349,729.11 $1,030.41 $0.00 $1,977.42 $352,736.94
192 $352,736.94 $1,030.41 $0.00 $1,994.43 $355,761.78
193 $355,761.78 $1,030.41 $0.00 $2,011.53 $358,803.72
194 $358,803.72 $1,030.41 $0.00 $2,028.73 $361,862.86
195 $361,862.86 $1,030.41 $0.00 $2,046.03 $364,939.30
196 $364,939.30 $1,030.41 $0.00 $2,063.42 $368,033.13
197 $368,033.13 $1,030.41 $0.00 $2,080.91 $371,144.45
198 $371,144.45 $1,030.41 $0.00 $2,098.50 $374,273.36
199 $374,273.36 $1,030.41 $0.00 $2,116.20 $377,419.97
200 $377,419.97 $1,030.41 $0.00 $2,133.99 $380,584.37
201 $380,584.37 $1,030.41 $0.00 $2,151.88 $383,766.66
202 $383,766.66 $1,030.41 $0.00 $2,169.87 $386,966.94
203 $386,966.94 $1,030.41 $0.00 $2,187.97 $390,185.32
204 $390,185.32 $1,030.41 $0.00 $2,206.16 $393,421.89
205 $393,421.89 $1,030.41 $0.00 $2,224.46 $396,676.76
206 $396,676.76 $1,030.41 $0.00 $2,242.87 $399,950.04
207 $399,950.04 $1,030.41 $0.00 $2,261.38 $403,241.83
208 $403,241.83 $1,030.41 $0.00 $2,279.99 $406,552.23
209 $406,552.23 $1,030.41 $0.00 $2,298.71 $409,881.35
210 $409,881.35 $1,030.41 $0.00 $2,317.53 $413,229.29
211 $413,229.29 $1,030.41 $0.00 $2,336.46 $416,596.16
212 $416,596.16 $1,030.41 $0.00 $2,355.50 $419,982.07
213 $419,982.07 $1,030.41 $0.00 $2,374.64 $423,387.12
214 $423,387.12 $1,030.41 $0.00 $2,393.89 $426,811.42
215 $426,811.42 $1,030.41 $0.00 $2,413.25 $430,255.08
216 $430,255.08 $1,030.41 $0.00 $2,432.72 $433,718.21
217 $433,718.21 $1,030.41 $117,459.41 $2,452.31 $319,741.52
218 $319,741.52 $1,030.41 $0.00 $1,807.87 $322,579.80
219 $322,579.80 $1,030.41 $0.00 $1,823.91 $325,434.12
220 $325,434.12 $1,030.41 $0.00 $1,840.05 $328,304.58
221 $328,304.58 $1,030.41 $0.00 $1,856.28 $331,191.27
222 $331,191.27 $1,030.41 $0.00 $1,872.60 $334,094.28
223 $334,094.28 $1,030.41 $0.00 $1,889.02 $337,013.71
224 $337,013.71 $1,030.41 $0.00 $1,905.52 $339,949.64
225 $339,949.64 $1,030.41 $0.00 $1,922.12 $342,902.17
226 $342,902.17 $1,030.41 $0.00 $1,938.82 $345,871.40
227 $345,871.40 $1,030.41 $0.00 $1,955.61 $348,857.42
228 $348,857.42 $1,030.41 $0.00 $1,972.49 $351,860.32
229 $351,860.32 $1,030.41 $125,681.56 $1,989.47 $229,198.64
230 $229,198.64 $1,030.41 $0.00 $1,295.92 $231,524.97
231 $231,524.97 $1,030.41 $0.00 $1,309.08 $233,864.46
232 $233,864.46 $1,030.41 $0.00 $1,322.30 $236,217.17
233 $236,217.17 $1,030.41 $0.00 $1,335.61 $238,583.19
234 $238,583.19 $1,030.41 $0.00 $1,348.98 $240,962.58
235 $240,962.58 $1,030.41 $0.00 $1,362.44 $243,355.43
236 $243,355.43 $1,030.41 $0.00 $1,375.97 $245,761.81
237 $245,761.81 $1,030.41 $0.00 $1,389.57 $248,181.79
238 $248,181.79 $1,030.41 $0.00 $1,403.26 $250,615.46
239 $250,615.46 $1,030.41 $0.00 $1,417.02 $253,062.89
240 $253,062.89 $1,030.41 $0.00 $1,430.85 $255,524.15
241 $255,524.15 $1,030.41 $134,479.27 $1,444.77 $123,520.06
242 $123,520.06 $1,030.41 $0.00 $698.40 $125,248.87
243 $125,248.87 $1,030.41 $0.00 $708.18 $126,987.46
244 $126,987.46 $1,030.41 $0.00 $718.01 $128,735.88
245 $128,735.88 $1,030.41 $0.00 $727.89 $130,494.18
246 $130,494.18 $1,030.41 $0.00 $737.83 $132,262.42
247 $132,262.42 $1,030.41 $0.00 $747.83 $134,040.66
248 $134,040.66 $1,030.41 $0.00 $757.89 $135,828.96
249 $135,828.96 $1,030.41 $0.00 $768.00 $137,627.37
250 $137,627.37 $1,030.41 $0.00 $778.17 $139,435.95
251 $139,435.95 $1,030.41 $0.00 $788.39 $141,254.75
252 $141,254.75 $1,030.41 $0.00 $798.67 $143,083.83
253 $143,083.83 $0.00 $143,892.82 $809.02 $0.03