How Much Should I Be Saving For College?

With college costs increasing at twice the rate of inflation, it is important to start saving early. Interest working for you now in a regular savings program is much better than having interest work against you in the future in the form of education loans.

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Current Savings and Assumptions

1. Annual college cost inflation: (%) 
2. Amount saved so far 

Assumptions

1. Before-tax return: (%) 
2. Marginal tax bracket: (%) 
3. Annual increases: (%)