College Savings Gap Calculator
College Savings Gap
Find the gap between current savings and projected college costs
Formula
Gap = (Annual Tuition x (1 + 0.05)^Years x College Years) - (Savings x (1 + Return)^Years)
Frequently Asked Questions
What inflation rate is used for tuition?
This calculator uses a 5% annual tuition inflation rate based on historical averages.
How is the savings gap calculated?
The gap is the difference between projected total college cost and the future value of current savings.