Thursday, January 7, 2010

Calculate the Future Costs of College

The New York Times has a handy little tool for students and their parents to use as they prepare to finance a college education. The College Cost Calculator allows users to estimate the cost of college up to twenty years from now. To use the calculator enter the current tuition then select the number of years from now in which the student will start college. After inputting the current tuition and start date, the College Cost Calculator will generate a graph of the predicted costs for four years of schooling. The calculator uses a 3% rate of increase, but you can alter that rate with the slider at the bottom of your graph and the graph will automatically adjust.

Applications for Education
If you work with students and parents on college planning the College Cost Calculator could be a useful for appropriate planning.

Here are some related items that may be of interest to you:
Unigo - College Reviews and Advice from Students
College Cruch - Resources for College and Career Planning
My College Calendar Helps Students Organize College Applications