| Estimated Annual Cost in 2042 | $54,877 |
| Monthly savings required | $244 |
How much will it cost to send your child to Howard College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $109,753.47 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $243.82 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 | $15,687.00 |
| 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 Howard College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $243.82 | $0.00 | $0.00 | $243.82 |
| 2 | $243.82 | $243.82 | $0.00 | $1.38 | $489.02 |
| 3 | $489.02 | $243.82 | $0.00 | $2.76 | $735.60 |
| 4 | $735.60 | $243.82 | $0.00 | $4.16 | $983.58 |
| 5 | $983.58 | $243.82 | $0.00 | $5.56 | $1,232.96 |
| 6 | $1,232.96 | $243.82 | $0.00 | $6.97 | $1,483.75 |
| 7 | $1,483.75 | $243.82 | $0.00 | $8.39 | $1,735.96 |
| 8 | $1,735.96 | $243.82 | $0.00 | $9.82 | $1,989.60 |
| 9 | $1,989.60 | $243.82 | $0.00 | $11.25 | $2,244.67 |
| 10 | $2,244.67 | $243.82 | $0.00 | $12.69 | $2,501.18 |
| 11 | $2,501.18 | $243.82 | $0.00 | $14.14 | $2,759.14 |
| 12 | $2,759.14 | $243.82 | $0.00 | $15.60 | $3,018.56 |
| 13 | $3,018.56 | $243.82 | $0.00 | $17.07 | $3,279.45 |
| 14 | $3,279.45 | $243.82 | $0.00 | $18.54 | $3,541.81 |
| 15 | $3,541.81 | $243.82 | $0.00 | $20.03 | $3,805.66 |
| 16 | $3,805.66 | $243.82 | $0.00 | $21.52 | $4,071.00 |
| 17 | $4,071.00 | $243.82 | $0.00 | $23.02 | $4,337.84 |
| 18 | $4,337.84 | $243.82 | $0.00 | $24.53 | $4,606.19 |
| 19 | $4,606.19 | $243.82 | $0.00 | $26.04 | $4,876.05 |
| 20 | $4,876.05 | $243.82 | $0.00 | $27.57 | $5,147.44 |
| 21 | $5,147.44 | $243.82 | $0.00 | $29.10 | $5,420.36 |
| 22 | $5,420.36 | $243.82 | $0.00 | $30.65 | $5,694.83 |
| 23 | $5,694.83 | $243.82 | $0.00 | $32.20 | $5,970.85 |
| 24 | $5,970.85 | $243.82 | $0.00 | $33.76 | $6,248.43 |
| 25 | $6,248.43 | $243.82 | $0.00 | $35.33 | $6,527.58 |
| 26 | $6,527.58 | $243.82 | $0.00 | $36.91 | $6,808.31 |
| 27 | $6,808.31 | $243.82 | $0.00 | $38.50 | $7,090.63 |
| 28 | $7,090.63 | $243.82 | $0.00 | $40.09 | $7,374.54 |
| 29 | $7,374.54 | $243.82 | $0.00 | $41.70 | $7,660.06 |
| 30 | $7,660.06 | $243.82 | $0.00 | $43.31 | $7,947.19 |
| 31 | $7,947.19 | $243.82 | $0.00 | $44.93 | $8,235.94 |
| 32 | $8,235.94 | $243.82 | $0.00 | $46.57 | $8,526.33 |
| 33 | $8,526.33 | $243.82 | $0.00 | $48.21 | $8,818.36 |
| 34 | $8,818.36 | $243.82 | $0.00 | $49.86 | $9,112.04 |
| 35 | $9,112.04 | $243.82 | $0.00 | $51.52 | $9,407.38 |
| 36 | $9,407.38 | $243.82 | $0.00 | $53.19 | $9,704.39 |
| 37 | $9,704.39 | $243.82 | $0.00 | $54.87 | $10,003.08 |
| 38 | $10,003.08 | $243.82 | $0.00 | $56.56 | $10,303.46 |
| 39 | $10,303.46 | $243.82 | $0.00 | $58.26 | $10,605.54 |
| 40 | $10,605.54 | $243.82 | $0.00 | $59.97 | $10,909.33 |
| 41 | $10,909.33 | $243.82 | $0.00 | $61.68 | $11,214.83 |
| 42 | $11,214.83 | $243.82 | $0.00 | $63.41 | $11,522.06 |
| 43 | $11,522.06 | $243.82 | $0.00 | $65.15 | $11,831.03 |
| 44 | $11,831.03 | $243.82 | $0.00 | $66.89 | $12,141.74 |
| 45 | $12,141.74 | $243.82 | $0.00 | $68.65 | $12,454.21 |
| 46 | $12,454.21 | $243.82 | $0.00 | $70.42 | $12,768.45 |
| 47 | $12,768.45 | $243.82 | $0.00 | $72.19 | $13,084.46 |
| 48 | $13,084.46 | $243.82 | $0.00 | $73.98 | $13,402.26 |
| 49 | $13,402.26 | $243.82 | $0.00 | $75.78 | $13,721.86 |
| 50 | $13,721.86 | $243.82 | $0.00 | $77.59 | $14,043.27 |
| 51 | $14,043.27 | $243.82 | $0.00 | $79.40 | $14,366.49 |
| 52 | $14,366.49 | $243.82 | $0.00 | $81.23 | $14,691.54 |
| 53 | $14,691.54 | $243.82 | $0.00 | $83.07 | $15,018.43 |
| 54 | $15,018.43 | $243.82 | $0.00 | $84.92 | $15,347.17 |
| 55 | $15,347.17 | $243.82 | $0.00 | $86.78 | $15,677.77 |
| 56 | $15,677.77 | $243.82 | $0.00 | $88.64 | $16,010.23 |
| 57 | $16,010.23 | $243.82 | $0.00 | $90.52 | $16,344.57 |
| 58 | $16,344.57 | $243.82 | $0.00 | $92.41 | $16,680.80 |
| 59 | $16,680.80 | $243.82 | $0.00 | $94.32 | $17,018.94 |
| 60 | $17,018.94 | $243.82 | $0.00 | $96.23 | $17,358.99 |
| 61 | $17,358.99 | $243.82 | $0.00 | $98.15 | $17,700.96 |
| 62 | $17,700.96 | $243.82 | $0.00 | $100.08 | $18,044.86 |
| 63 | $18,044.86 | $243.82 | $0.00 | $102.03 | $18,390.71 |
| 64 | $18,390.71 | $243.82 | $0.00 | $103.98 | $18,738.51 |
| 65 | $18,738.51 | $243.82 | $0.00 | $105.95 | $19,088.28 |
| 66 | $19,088.28 | $243.82 | $0.00 | $107.93 | $19,440.03 |
| 67 | $19,440.03 | $243.82 | $0.00 | $109.92 | $19,793.77 |
| 68 | $19,793.77 | $243.82 | $0.00 | $111.92 | $20,149.51 |
| 69 | $20,149.51 | $243.82 | $0.00 | $113.93 | $20,507.26 |
| 70 | $20,507.26 | $243.82 | $0.00 | $115.95 | $20,867.03 |
| 71 | $20,867.03 | $243.82 | $0.00 | $117.99 | $21,228.84 |
| 72 | $21,228.84 | $243.82 | $0.00 | $120.03 | $21,592.69 |
| 73 | $21,592.69 | $243.82 | $0.00 | $122.09 | $21,958.60 |
| 74 | $21,958.60 | $243.82 | $0.00 | $124.16 | $22,326.58 |
| 75 | $22,326.58 | $243.82 | $0.00 | $126.24 | $22,696.64 |
| 76 | $22,696.64 | $243.82 | $0.00 | $128.33 | $23,068.79 |
| 77 | $23,068.79 | $243.82 | $0.00 | $130.43 | $23,443.04 |
| 78 | $23,443.04 | $243.82 | $0.00 | $132.55 | $23,819.41 |
| 79 | $23,819.41 | $243.82 | $0.00 | $134.68 | $24,197.91 |
| 80 | $24,197.91 | $243.82 | $0.00 | $136.82 | $24,578.55 |
| 81 | $24,578.55 | $243.82 | $0.00 | $138.97 | $24,961.34 |
| 82 | $24,961.34 | $243.82 | $0.00 | $141.14 | $25,346.30 |
| 83 | $25,346.30 | $243.82 | $0.00 | $143.31 | $25,733.43 |
| 84 | $25,733.43 | $243.82 | $0.00 | $145.50 | $26,122.75 |
| 85 | $26,122.75 | $243.82 | $0.00 | $147.70 | $26,514.27 |
| 86 | $26,514.27 | $243.82 | $0.00 | $149.92 | $26,908.01 |
| 87 | $26,908.01 | $243.82 | $0.00 | $152.14 | $27,303.97 |
| 88 | $27,303.97 | $243.82 | $0.00 | $154.38 | $27,702.17 |
| 89 | $27,702.17 | $243.82 | $0.00 | $156.63 | $28,102.62 |
| 90 | $28,102.62 | $243.82 | $0.00 | $158.90 | $28,505.34 |
| 91 | $28,505.34 | $243.82 | $0.00 | $161.17 | $28,910.33 |
| 92 | $28,910.33 | $243.82 | $0.00 | $163.46 | $29,317.61 |
| 93 | $29,317.61 | $243.82 | $0.00 | $165.77 | $29,727.20 |
| 94 | $29,727.20 | $243.82 | $0.00 | $168.08 | $30,139.10 |
| 95 | $30,139.10 | $243.82 | $0.00 | $170.41 | $30,553.33 |
| 96 | $30,553.33 | $243.82 | $0.00 | $172.75 | $30,969.90 |
| 97 | $30,969.90 | $243.82 | $0.00 | $175.11 | $31,388.83 |
| 98 | $31,388.83 | $243.82 | $0.00 | $177.48 | $31,810.13 |
| 99 | $31,810.13 | $243.82 | $0.00 | $179.86 | $32,233.81 |
| 100 | $32,233.81 | $243.82 | $0.00 | $182.25 | $32,659.88 |
| 101 | $32,659.88 | $243.82 | $0.00 | $184.66 | $33,088.36 |
| 102 | $33,088.36 | $243.82 | $0.00 | $187.09 | $33,519.27 |
| 103 | $33,519.27 | $243.82 | $0.00 | $189.52 | $33,952.61 |
| 104 | $33,952.61 | $243.82 | $0.00 | $191.97 | $34,388.40 |
| 105 | $34,388.40 | $243.82 | $0.00 | $194.44 | $34,826.66 |
| 106 | $34,826.66 | $243.82 | $0.00 | $196.91 | $35,267.39 |
| 107 | $35,267.39 | $243.82 | $0.00 | $199.41 | $35,710.62 |
| 108 | $35,710.62 | $243.82 | $0.00 | $201.91 | $36,156.35 |
| 109 | $36,156.35 | $243.82 | $0.00 | $204.43 | $36,604.60 |
| 110 | $36,604.60 | $243.82 | $0.00 | $206.97 | $37,055.39 |
| 111 | $37,055.39 | $243.82 | $0.00 | $209.52 | $37,508.73 |
| 112 | $37,508.73 | $243.82 | $0.00 | $212.08 | $37,964.63 |
| 113 | $37,964.63 | $243.82 | $0.00 | $214.66 | $38,423.11 |
| 114 | $38,423.11 | $243.82 | $0.00 | $217.25 | $38,884.18 |
| 115 | $38,884.18 | $243.82 | $0.00 | $219.86 | $39,347.86 |
| 116 | $39,347.86 | $243.82 | $0.00 | $222.48 | $39,814.16 |
| 117 | $39,814.16 | $243.82 | $0.00 | $225.12 | $40,283.10 |
| 118 | $40,283.10 | $243.82 | $0.00 | $227.77 | $40,754.69 |
| 119 | $40,754.69 | $243.82 | $0.00 | $230.43 | $41,228.94 |
| 120 | $41,228.94 | $243.82 | $0.00 | $233.11 | $41,705.87 |
| 121 | $41,705.87 | $243.82 | $0.00 | $235.81 | $42,185.50 |
| 122 | $42,185.50 | $243.82 | $0.00 | $238.52 | $42,667.84 |
| 123 | $42,667.84 | $243.82 | $0.00 | $241.25 | $43,152.91 |
| 124 | $43,152.91 | $243.82 | $0.00 | $243.99 | $43,640.72 |
| 125 | $43,640.72 | $243.82 | $0.00 | $246.75 | $44,131.29 |
| 126 | $44,131.29 | $243.82 | $0.00 | $249.52 | $44,624.63 |
| 127 | $44,624.63 | $243.82 | $0.00 | $252.31 | $45,120.76 |
| 128 | $45,120.76 | $243.82 | $0.00 | $255.12 | $45,619.70 |
| 129 | $45,619.70 | $243.82 | $0.00 | $257.94 | $46,121.46 |
| 130 | $46,121.46 | $243.82 | $0.00 | $260.78 | $46,626.06 |
| 131 | $46,626.06 | $243.82 | $0.00 | $263.63 | $47,133.51 |
| 132 | $47,133.51 | $243.82 | $0.00 | $266.50 | $47,643.83 |
| 133 | $47,643.83 | $243.82 | $0.00 | $269.39 | $48,157.04 |
| 134 | $48,157.04 | $243.82 | $0.00 | $272.29 | $48,673.15 |
| 135 | $48,673.15 | $243.82 | $0.00 | $275.21 | $49,192.18 |
| 136 | $49,192.18 | $243.82 | $0.00 | $278.14 | $49,714.14 |
| 137 | $49,714.14 | $243.82 | $0.00 | $281.09 | $50,239.05 |
| 138 | $50,239.05 | $243.82 | $0.00 | $284.06 | $50,766.93 |
| 139 | $50,766.93 | $243.82 | $0.00 | $287.04 | $51,297.79 |
| 140 | $51,297.79 | $243.82 | $0.00 | $290.05 | $51,831.66 |
| 141 | $51,831.66 | $243.82 | $0.00 | $293.06 | $52,368.54 |
| 142 | $52,368.54 | $243.82 | $0.00 | $296.10 | $52,908.46 |
| 143 | $52,908.46 | $243.82 | $0.00 | $299.15 | $53,451.43 |
| 144 | $53,451.43 | $243.82 | $0.00 | $302.22 | $53,997.47 |
| 145 | $53,997.47 | $243.82 | $0.00 | $305.31 | $54,546.60 |
| 146 | $54,546.60 | $243.82 | $0.00 | $308.41 | $55,098.83 |
| 147 | $55,098.83 | $243.82 | $0.00 | $311.54 | $55,654.19 |
| 148 | $55,654.19 | $243.82 | $0.00 | $314.68 | $56,212.69 |
| 149 | $56,212.69 | $243.82 | $0.00 | $317.83 | $56,774.34 |
| 150 | $56,774.34 | $243.82 | $0.00 | $321.01 | $57,339.17 |
| 151 | $57,339.17 | $243.82 | $0.00 | $324.20 | $57,907.19 |
| 152 | $57,907.19 | $243.82 | $0.00 | $327.42 | $58,478.43 |
| 153 | $58,478.43 | $243.82 | $0.00 | $330.65 | $59,052.90 |
| 154 | $59,052.90 | $243.82 | $0.00 | $333.89 | $59,630.61 |
| 155 | $59,630.61 | $243.82 | $0.00 | $337.16 | $60,211.59 |
| 156 | $60,211.59 | $243.82 | $0.00 | $340.45 | $60,795.86 |
| 157 | $60,795.86 | $243.82 | $0.00 | $343.75 | $61,383.43 |
| 158 | $61,383.43 | $243.82 | $0.00 | $347.07 | $61,974.32 |
| 159 | $61,974.32 | $243.82 | $0.00 | $350.41 | $62,568.55 |
| 160 | $62,568.55 | $243.82 | $0.00 | $353.77 | $63,166.14 |
| 161 | $63,166.14 | $243.82 | $0.00 | $357.15 | $63,767.11 |
| 162 | $63,767.11 | $243.82 | $0.00 | $360.55 | $64,371.48 |
| 163 | $64,371.48 | $243.82 | $0.00 | $363.97 | $64,979.27 |
| 164 | $64,979.27 | $243.82 | $0.00 | $367.40 | $65,590.49 |
| 165 | $65,590.49 | $243.82 | $0.00 | $370.86 | $66,205.17 |
| 166 | $66,205.17 | $243.82 | $0.00 | $374.33 | $66,823.32 |
| 167 | $66,823.32 | $243.82 | $0.00 | $377.83 | $67,444.97 |
| 168 | $67,444.97 | $243.82 | $0.00 | $381.34 | $68,070.13 |
| 169 | $68,070.13 | $243.82 | $0.00 | $384.88 | $68,698.83 |
| 170 | $68,698.83 | $243.82 | $0.00 | $388.43 | $69,331.08 |
| 171 | $69,331.08 | $243.82 | $0.00 | $392.01 | $69,966.91 |
| 172 | $69,966.91 | $243.82 | $0.00 | $395.60 | $70,606.33 |
| 173 | $70,606.33 | $243.82 | $0.00 | $399.22 | $71,249.37 |
| 174 | $71,249.37 | $243.82 | $0.00 | $402.85 | $71,896.04 |
| 175 | $71,896.04 | $243.82 | $0.00 | $406.51 | $72,546.37 |
| 176 | $72,546.37 | $243.82 | $0.00 | $410.19 | $73,200.38 |
| 177 | $73,200.38 | $243.82 | $0.00 | $413.89 | $73,858.09 |
| 178 | $73,858.09 | $243.82 | $0.00 | $417.60 | $74,519.51 |
| 179 | $74,519.51 | $243.82 | $0.00 | $421.34 | $75,184.67 |
| 180 | $75,184.67 | $243.82 | $0.00 | $425.11 | $75,853.60 |
| 181 | $75,853.60 | $243.82 | $0.00 | $428.89 | $76,526.31 |
| 182 | $76,526.31 | $243.82 | $0.00 | $432.69 | $77,202.82 |
| 183 | $77,202.82 | $243.82 | $0.00 | $436.52 | $77,883.16 |
| 184 | $77,883.16 | $243.82 | $0.00 | $440.36 | $78,567.34 |
| 185 | $78,567.34 | $243.82 | $0.00 | $444.23 | $79,255.39 |
| 186 | $79,255.39 | $243.82 | $0.00 | $448.12 | $79,947.33 |
| 187 | $79,947.33 | $243.82 | $0.00 | $452.03 | $80,643.18 |
| 188 | $80,643.18 | $243.82 | $0.00 | $455.97 | $81,342.97 |
| 189 | $81,342.97 | $243.82 | $0.00 | $459.92 | $82,046.71 |
| 190 | $82,046.71 | $243.82 | $0.00 | $463.90 | $82,754.43 |
| 191 | $82,754.43 | $243.82 | $0.00 | $467.91 | $83,466.16 |
| 192 | $83,466.16 | $243.82 | $0.00 | $471.93 | $84,181.91 |
| 193 | $84,181.91 | $243.82 | $0.00 | $475.98 | $84,901.71 |
| 194 | $84,901.71 | $243.82 | $0.00 | $480.05 | $85,625.58 |
| 195 | $85,625.58 | $243.82 | $0.00 | $484.14 | $86,353.54 |
| 196 | $86,353.54 | $243.82 | $0.00 | $488.26 | $87,085.62 |
| 197 | $87,085.62 | $243.82 | $0.00 | $492.39 | $87,821.83 |
| 198 | $87,821.83 | $243.82 | $0.00 | $496.56 | $88,562.21 |
| 199 | $88,562.21 | $243.82 | $0.00 | $500.74 | $89,306.77 |
| 200 | $89,306.77 | $243.82 | $0.00 | $504.95 | $90,055.54 |
| 201 | $90,055.54 | $243.82 | $0.00 | $509.19 | $90,808.55 |
| 202 | $90,808.55 | $243.82 | $0.00 | $513.44 | $91,565.81 |
| 203 | $91,565.81 | $243.82 | $0.00 | $517.73 | $92,327.36 |
| 204 | $92,327.36 | $243.82 | $0.00 | $522.03 | $93,093.21 |
| 205 | $93,093.21 | $243.82 | $0.00 | $526.36 | $93,863.39 |
| 206 | $93,863.39 | $243.82 | $0.00 | $530.72 | $94,637.93 |
| 207 | $94,637.93 | $243.82 | $0.00 | $535.10 | $95,416.85 |
| 208 | $95,416.85 | $243.82 | $0.00 | $539.50 | $96,200.17 |
| 209 | $96,200.17 | $243.82 | $0.00 | $543.93 | $96,987.92 |
| 210 | $96,987.92 | $243.82 | $0.00 | $548.38 | $97,780.12 |
| 211 | $97,780.12 | $243.82 | $0.00 | $552.86 | $98,576.80 |
| 212 | $98,576.80 | $243.82 | $0.00 | $557.37 | $99,377.99 |
| 213 | $99,377.99 | $243.82 | $0.00 | $561.90 | $100,183.71 |
| 214 | $100,183.71 | $243.82 | $0.00 | $566.45 | $100,993.98 |
| 215 | $100,993.98 | $243.82 | $0.00 | $571.03 | $101,808.83 |
| 216 | $101,808.83 | $243.82 | $0.00 | $575.64 | $102,628.29 |
| 217 | $102,628.29 | $243.82 | $53,021.00 | $580.28 | $50,431.39 |
| 218 | $50,431.39 | $243.82 | $0.00 | $285.15 | $50,960.36 |
| 219 | $50,960.36 | $243.82 | $0.00 | $288.14 | $51,492.32 |
| 220 | $51,492.32 | $243.82 | $0.00 | $291.15 | $52,027.29 |
| 221 | $52,027.29 | $243.82 | $0.00 | $294.17 | $52,565.28 |
| 222 | $52,565.28 | $243.82 | $0.00 | $297.21 | $53,106.31 |
| 223 | $53,106.31 | $243.82 | $0.00 | $300.27 | $53,650.40 |
| 224 | $53,650.40 | $243.82 | $0.00 | $303.35 | $54,197.57 |
| 225 | $54,197.57 | $243.82 | $0.00 | $306.44 | $54,747.83 |
| 226 | $54,747.83 | $243.82 | $0.00 | $309.55 | $55,301.20 |
| 227 | $55,301.20 | $243.82 | $0.00 | $312.68 | $55,857.70 |
| 228 | $55,857.70 | $243.82 | $0.00 | $315.83 | $56,417.35 |
| 229 | $56,417.35 | $0.00 | $56,732.47 | $318.99 | $3.87 |