💸 Children's Education Calculator

Education Cost Details

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Education Savings Results

Enter your details and click Calculate to see the results

Education Savings Planning
Why Save for College?

College costs continue to rise each year

Reduce future student loan debt

Provide more educational opportunities

Minimize financial stress for your family


Saving Strategies

Start saving early - even small amounts add up

Consider 529 college savings plans

Explore tax-advantaged savings options

Automate monthly contributions

Involve family in contributing to college fund


Types of College Savings Accounts

529 Plans: Tax-advantaged, state-sponsored

Coverdell ESA: Education-specific savings

UGMA/UTMA Accounts: Custodial savings

Roth IRA: Flexible retirement/education savings

High-yield savings accounts


Factors Affecting College Costs

Tuition and fees

Room and board

Books and supplies

Transportation

Personal expenses

Inflation rate