Savings Plan and Future Cost Estimation for Purdue Global Davenport Campus

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$72,415
Monthly savings required$572

How much will it cost to send your child to Purdue Global Davenport Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $289,659.45 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $572.31 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.

Assumptions

Current Annual Cost$19,302.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $572.31 $0.00 $0.00 $572.31
2 $572.31 $572.31 $0.00 $3.24 $1,147.86
3 $1,147.86 $572.31 $0.00 $6.49 $1,726.66
4 $1,726.66 $572.31 $0.00 $9.76 $2,308.73
5 $2,308.73 $572.31 $0.00 $13.05 $2,894.09
6 $2,894.09 $572.31 $0.00 $16.36 $3,482.76
7 $3,482.76 $572.31 $0.00 $19.69 $4,074.76
8 $4,074.76 $572.31 $0.00 $23.04 $4,670.11
9 $4,670.11 $572.31 $0.00 $26.41 $5,268.83
10 $5,268.83 $572.31 $0.00 $29.79 $5,870.93
11 $5,870.93 $572.31 $0.00 $33.20 $6,476.44
12 $6,476.44 $572.31 $0.00 $36.62 $7,085.37
13 $7,085.37 $572.31 $0.00 $40.06 $7,697.74
14 $7,697.74 $572.31 $0.00 $43.52 $8,313.57
15 $8,313.57 $572.31 $0.00 $47.01 $8,932.89
16 $8,932.89 $572.31 $0.00 $50.51 $9,555.71
17 $9,555.71 $572.31 $0.00 $54.03 $10,182.05
18 $10,182.05 $572.31 $0.00 $57.57 $10,811.93
19 $10,811.93 $572.31 $0.00 $61.13 $11,445.37
20 $11,445.37 $572.31 $0.00 $64.71 $12,082.39
21 $12,082.39 $572.31 $0.00 $68.32 $12,723.02
22 $12,723.02 $572.31 $0.00 $71.94 $13,367.27
23 $13,367.27 $572.31 $0.00 $75.58 $14,015.16
24 $14,015.16 $572.31 $0.00 $79.24 $14,666.71
25 $14,666.71 $572.31 $0.00 $82.93 $15,321.95
26 $15,321.95 $572.31 $0.00 $86.63 $15,980.89
27 $15,980.89 $572.31 $0.00 $90.36 $16,643.56
28 $16,643.56 $572.31 $0.00 $94.11 $17,309.98
29 $17,309.98 $572.31 $0.00 $97.87 $17,980.16
30 $17,980.16 $572.31 $0.00 $101.66 $18,654.13
31 $18,654.13 $572.31 $0.00 $105.47 $19,331.91
32 $19,331.91 $572.31 $0.00 $109.31 $20,013.53
33 $20,013.53 $572.31 $0.00 $113.16 $20,699.00
34 $20,699.00 $572.31 $0.00 $117.04 $21,388.35
35 $21,388.35 $572.31 $0.00 $120.93 $22,081.59
36 $22,081.59 $572.31 $0.00 $124.85 $22,778.75
37 $22,778.75 $572.31 $0.00 $128.79 $23,479.85
38 $23,479.85 $572.31 $0.00 $132.76 $24,184.92
39 $24,184.92 $572.31 $0.00 $136.75 $24,893.98
40 $24,893.98 $572.31 $0.00 $140.75 $25,607.04
41 $25,607.04 $572.31 $0.00 $144.79 $26,324.14
42 $26,324.14 $572.31 $0.00 $148.84 $27,045.29
43 $27,045.29 $572.31 $0.00 $152.92 $27,770.52
44 $27,770.52 $572.31 $0.00 $157.02 $28,499.85
45 $28,499.85 $572.31 $0.00 $161.14 $29,233.30
46 $29,233.30 $572.31 $0.00 $165.29 $29,970.90
47 $29,970.90 $572.31 $0.00 $169.46 $30,712.67
48 $30,712.67 $572.31 $0.00 $173.65 $31,458.63
49 $31,458.63 $572.31 $0.00 $177.87 $32,208.81
50 $32,208.81 $572.31 $0.00 $182.11 $32,963.23
51 $32,963.23 $572.31 $0.00 $186.38 $33,721.92
52 $33,721.92 $572.31 $0.00 $190.67 $34,484.90
53 $34,484.90 $572.31 $0.00 $194.98 $35,252.19
54 $35,252.19 $572.31 $0.00 $199.32 $36,023.82
55 $36,023.82 $572.31 $0.00 $203.68 $36,799.81
56 $36,799.81 $572.31 $0.00 $208.07 $37,580.19
57 $37,580.19 $572.31 $0.00 $212.48 $38,364.98
58 $38,364.98 $572.31 $0.00 $216.92 $39,154.21
59 $39,154.21 $572.31 $0.00 $221.38 $39,947.90
60 $39,947.90 $572.31 $0.00 $225.87 $40,746.08
61 $40,746.08 $572.31 $0.00 $230.38 $41,548.77
62 $41,548.77 $572.31 $0.00 $234.92 $42,356.00
63 $42,356.00 $572.31 $0.00 $239.49 $43,167.80
64 $43,167.80 $572.31 $0.00 $244.08 $43,984.19
65 $43,984.19 $572.31 $0.00 $248.69 $44,805.19
66 $44,805.19 $572.31 $0.00 $253.34 $45,630.84
67 $45,630.84 $572.31 $0.00 $258.00 $46,461.15
68 $46,461.15 $572.31 $0.00 $262.70 $47,296.16
69 $47,296.16 $572.31 $0.00 $267.42 $48,135.89
70 $48,135.89 $572.31 $0.00 $272.17 $48,980.37
71 $48,980.37 $572.31 $0.00 $276.94 $49,829.62
72 $49,829.62 $572.31 $0.00 $281.74 $50,683.67
73 $50,683.67 $572.31 $0.00 $286.57 $51,542.55
74 $51,542.55 $572.31 $0.00 $291.43 $52,406.29
75 $52,406.29 $572.31 $0.00 $296.31 $53,274.91
76 $53,274.91 $572.31 $0.00 $301.22 $54,148.44
77 $54,148.44 $572.31 $0.00 $306.16 $55,026.91
78 $55,026.91 $572.31 $0.00 $311.13 $55,910.35
79 $55,910.35 $572.31 $0.00 $316.13 $56,798.79
80 $56,798.79 $572.31 $0.00 $321.15 $57,692.25
81 $57,692.25 $572.31 $0.00 $326.20 $58,590.76
82 $58,590.76 $572.31 $0.00 $331.28 $59,494.35
83 $59,494.35 $572.31 $0.00 $336.39 $60,403.05
84 $60,403.05 $572.31 $0.00 $341.53 $61,316.89
85 $61,316.89 $572.31 $0.00 $346.69 $62,235.89
86 $62,235.89 $572.31 $0.00 $351.89 $63,160.09
87 $63,160.09 $572.31 $0.00 $357.12 $64,089.52
88 $64,089.52 $572.31 $0.00 $362.37 $65,024.20
89 $65,024.20 $572.31 $0.00 $367.66 $65,964.17
90 $65,964.17 $572.31 $0.00 $372.97 $66,909.45
91 $66,909.45 $572.31 $0.00 $378.32 $67,860.08
92 $67,860.08 $572.31 $0.00 $383.69 $68,816.08
93 $68,816.08 $572.31 $0.00 $389.10 $69,777.49
94 $69,777.49 $572.31 $0.00 $394.53 $70,744.33
95 $70,744.33 $572.31 $0.00 $400.00 $71,716.64
96 $71,716.64 $572.31 $0.00 $405.50 $72,694.45
97 $72,694.45 $572.31 $0.00 $411.02 $73,677.78
98 $73,677.78 $572.31 $0.00 $416.58 $74,666.67
99 $74,666.67 $572.31 $0.00 $422.18 $75,661.16
100 $75,661.16 $572.31 $0.00 $427.80 $76,661.27
101 $76,661.27 $572.31 $0.00 $433.45 $77,667.03
102 $77,667.03 $572.31 $0.00 $439.14 $78,678.48
103 $78,678.48 $572.31 $0.00 $444.86 $79,695.65
104 $79,695.65 $572.31 $0.00 $450.61 $80,718.57
105 $80,718.57 $572.31 $0.00 $456.39 $81,747.27
106 $81,747.27 $572.31 $0.00 $462.21 $82,781.79
107 $82,781.79 $572.31 $0.00 $468.06 $83,822.16
108 $83,822.16 $572.31 $0.00 $473.94 $84,868.41
109 $84,868.41 $572.31 $0.00 $479.86 $85,920.58
110 $85,920.58 $572.31 $0.00 $485.81 $86,978.70
111 $86,978.70 $572.31 $0.00 $491.79 $88,042.80
112 $88,042.80 $572.31 $0.00 $497.81 $89,112.92
113 $89,112.92 $572.31 $0.00 $503.86 $90,189.09
114 $90,189.09 $572.31 $0.00 $509.94 $91,271.34
115 $91,271.34 $572.31 $0.00 $516.06 $92,359.71
116 $92,359.71 $572.31 $0.00 $522.22 $93,454.24
117 $93,454.24 $572.31 $0.00 $528.40 $94,554.95
118 $94,554.95 $572.31 $0.00 $534.63 $95,661.89
119 $95,661.89 $572.31 $0.00 $540.89 $96,775.09
120 $96,775.09 $572.31 $0.00 $547.18 $97,894.58
121 $97,894.58 $572.31 $0.00 $553.51 $99,020.40
122 $99,020.40 $572.31 $0.00 $559.88 $100,152.59
123 $100,152.59 $572.31 $0.00 $566.28 $101,291.18
124 $101,291.18 $572.31 $0.00 $572.72 $102,436.21
125 $102,436.21 $572.31 $0.00 $579.19 $103,587.71
126 $103,587.71 $572.31 $0.00 $585.70 $104,745.72
127 $104,745.72 $572.31 $0.00 $592.25 $105,910.28
128 $105,910.28 $572.31 $0.00 $598.83 $107,081.42
129 $107,081.42 $572.31 $0.00 $605.45 $108,259.18
130 $108,259.18 $572.31 $0.00 $612.11 $109,443.60
131 $109,443.60 $572.31 $0.00 $618.81 $110,634.72
132 $110,634.72 $572.31 $0.00 $625.54 $111,832.57
133 $111,832.57 $572.31 $0.00 $632.32 $113,037.20
134 $113,037.20 $572.31 $0.00 $639.13 $114,248.64
135 $114,248.64 $572.31 $0.00 $645.98 $115,466.93
136 $115,466.93 $572.31 $0.00 $652.87 $116,692.11
137 $116,692.11 $572.31 $0.00 $659.79 $117,924.21
138 $117,924.21 $572.31 $0.00 $666.76 $119,163.28
139 $119,163.28 $572.31 $0.00 $673.77 $120,409.36
140 $120,409.36 $572.31 $0.00 $680.81 $121,662.48
141 $121,662.48 $572.31 $0.00 $687.90 $122,922.69
142 $122,922.69 $572.31 $0.00 $695.02 $124,190.02
143 $124,190.02 $572.31 $0.00 $702.19 $125,464.52
144 $125,464.52 $572.31 $0.00 $709.39 $126,746.22
145 $126,746.22 $572.31 $0.00 $716.64 $128,035.17
146 $128,035.17 $572.31 $0.00 $723.93 $129,331.41
147 $129,331.41 $572.31 $0.00 $731.26 $130,634.98
148 $130,634.98 $572.31 $0.00 $738.63 $131,945.92
149 $131,945.92 $572.31 $0.00 $746.04 $133,264.27
150 $133,264.27 $572.31 $0.00 $753.50 $134,590.08
151 $134,590.08 $572.31 $0.00 $760.99 $135,923.38
152 $135,923.38 $572.31 $0.00 $768.53 $137,264.22
153 $137,264.22 $572.31 $0.00 $776.11 $138,612.64
154 $138,612.64 $572.31 $0.00 $783.74 $139,968.69
155 $139,968.69 $572.31 $0.00 $791.40 $141,332.40
156 $141,332.40 $572.31 $0.00 $799.11 $142,703.82
157 $142,703.82 $572.31 $0.00 $806.87 $144,083.00
158 $144,083.00 $572.31 $0.00 $814.67 $145,469.98
159 $145,469.98 $572.31 $0.00 $822.51 $146,864.80
160 $146,864.80 $572.31 $0.00 $830.39 $148,267.50
161 $148,267.50 $572.31 $0.00 $838.33 $149,678.14
162 $149,678.14 $572.31 $0.00 $846.30 $151,096.75
163 $151,096.75 $572.31 $0.00 $854.32 $152,523.38
164 $152,523.38 $572.31 $0.00 $862.39 $153,958.08
165 $153,958.08 $572.31 $0.00 $870.50 $155,400.89
166 $155,400.89 $572.31 $0.00 $878.66 $156,851.86
167 $156,851.86 $572.31 $0.00 $886.86 $158,311.03
168 $158,311.03 $572.31 $0.00 $895.11 $159,778.45
169 $159,778.45 $572.31 $0.00 $903.41 $161,254.17
170 $161,254.17 $572.31 $0.00 $911.75 $162,738.23
171 $162,738.23 $572.31 $0.00 $920.15 $164,230.69
172 $164,230.69 $572.31 $0.00 $928.58 $165,731.58
173 $165,731.58 $572.31 $0.00 $937.07 $167,240.96
174 $167,240.96 $572.31 $0.00 $945.60 $168,758.87
175 $168,758.87 $572.31 $0.00 $954.19 $170,285.37
176 $170,285.37 $572.31 $0.00 $962.82 $171,820.50
177 $171,820.50 $572.31 $0.00 $971.50 $173,364.31
178 $173,364.31 $572.31 $0.00 $980.23 $174,916.85
179 $174,916.85 $572.31 $0.00 $989.01 $176,478.17
180 $176,478.17 $572.31 $0.00 $997.83 $178,048.31
181 $178,048.31 $572.31 $0.00 $1,006.71 $179,627.33
182 $179,627.33 $572.31 $0.00 $1,015.64 $181,215.28
183 $181,215.28 $572.31 $0.00 $1,024.62 $182,812.21
184 $182,812.21 $572.31 $0.00 $1,033.65 $184,418.17
185 $184,418.17 $572.31 $0.00 $1,042.73 $186,033.21
186 $186,033.21 $572.31 $0.00 $1,051.86 $187,657.38
187 $187,657.38 $572.31 $0.00 $1,061.04 $189,290.73
188 $189,290.73 $572.31 $0.00 $1,070.28 $190,933.32
189 $190,933.32 $572.31 $0.00 $1,079.56 $192,585.19
190 $192,585.19 $572.31 $0.00 $1,088.90 $194,246.40
191 $194,246.40 $572.31 $0.00 $1,098.30 $195,917.01
192 $195,917.01 $572.31 $0.00 $1,107.74 $197,597.06
193 $197,597.06 $572.31 $0.00 $1,117.24 $199,286.61
194 $199,286.61 $572.31 $0.00 $1,126.80 $200,985.72
195 $200,985.72 $572.31 $0.00 $1,136.40 $202,694.43
196 $202,694.43 $572.31 $0.00 $1,146.06 $204,412.80
197 $204,412.80 $572.31 $0.00 $1,155.78 $206,140.89
198 $206,140.89 $572.31 $0.00 $1,165.55 $207,878.75
199 $207,878.75 $572.31 $0.00 $1,175.38 $209,626.44
200 $209,626.44 $572.31 $0.00 $1,185.26 $211,384.01
201 $211,384.01 $572.31 $0.00 $1,195.20 $213,151.52
202 $213,151.52 $572.31 $0.00 $1,205.19 $214,929.02
203 $214,929.02 $572.31 $0.00 $1,215.24 $216,716.57
204 $216,716.57 $572.31 $0.00 $1,225.35 $218,514.23
205 $218,514.23 $572.31 $0.00 $1,235.51 $220,322.05
206 $220,322.05 $572.31 $0.00 $1,245.73 $222,140.09
207 $222,140.09 $572.31 $0.00 $1,256.01 $223,968.41
208 $223,968.41 $572.31 $0.00 $1,266.35 $225,807.07
209 $225,807.07 $572.31 $0.00 $1,276.75 $227,656.13
210 $227,656.13 $572.31 $0.00 $1,287.20 $229,515.64
211 $229,515.64 $572.31 $0.00 $1,297.71 $231,385.66
212 $231,385.66 $572.31 $0.00 $1,308.29 $233,266.26
213 $233,266.26 $572.31 $0.00 $1,318.92 $235,157.49
214 $235,157.49 $572.31 $0.00 $1,329.61 $237,059.41
215 $237,059.41 $572.31 $0.00 $1,340.37 $238,972.09
216 $238,972.09 $572.31 $0.00 $1,351.18 $240,895.58
217 $240,895.58 $572.31 $65,239.45 $1,362.06 $177,590.50
218 $177,590.50 $572.31 $0.00 $1,004.12 $179,166.93
219 $179,166.93 $572.31 $0.00 $1,013.04 $180,752.28
220 $180,752.28 $572.31 $0.00 $1,022.00 $182,346.59
221 $182,346.59 $572.31 $0.00 $1,031.01 $183,949.91
222 $183,949.91 $572.31 $0.00 $1,040.08 $185,562.30
223 $185,562.30 $572.31 $0.00 $1,049.20 $187,183.81
224 $187,183.81 $572.31 $0.00 $1,058.36 $188,814.48
225 $188,814.48 $572.31 $0.00 $1,067.58 $190,454.37
226 $190,454.37 $572.31 $0.00 $1,076.86 $192,103.54
227 $192,103.54 $572.31 $0.00 $1,086.18 $193,762.03
228 $193,762.03 $572.31 $0.00 $1,095.56 $195,429.90
229 $195,429.90 $572.31 $69,806.21 $1,104.99 $127,300.99
230 $127,300.99 $572.31 $0.00 $719.78 $128,593.08
231 $128,593.08 $572.31 $0.00 $727.08 $129,892.47
232 $129,892.47 $572.31 $0.00 $734.43 $131,199.21
233 $131,199.21 $572.31 $0.00 $741.82 $132,513.34
234 $132,513.34 $572.31 $0.00 $749.25 $133,834.90
235 $133,834.90 $572.31 $0.00 $756.72 $135,163.93
236 $135,163.93 $572.31 $0.00 $764.24 $136,500.48
237 $136,500.48 $572.31 $0.00 $771.79 $137,844.58
238 $137,844.58 $572.31 $0.00 $779.39 $139,196.28
239 $139,196.28 $572.31 $0.00 $787.04 $140,555.63
240 $140,555.63 $572.31 $0.00 $794.72 $141,922.66
241 $141,922.66 $572.31 $74,692.65 $802.45 $68,604.77
242 $68,604.77 $572.31 $0.00 $387.90 $69,564.98
243 $69,564.98 $572.31 $0.00 $393.33 $70,530.62
244 $70,530.62 $572.31 $0.00 $398.79 $71,501.72
245 $71,501.72 $572.31 $0.00 $404.28 $72,478.31
246 $72,478.31 $572.31 $0.00 $409.80 $73,460.42
247 $73,460.42 $572.31 $0.00 $415.36 $74,448.09
248 $74,448.09 $572.31 $0.00 $420.94 $75,441.34
249 $75,441.34 $572.31 $0.00 $426.56 $76,440.21
250 $76,440.21 $572.31 $0.00 $432.20 $77,444.72
251 $77,444.72 $572.31 $0.00 $437.88 $78,454.91
252 $78,454.91 $572.31 $0.00 $443.60 $79,470.82
253 $79,470.82 $0.00 $79,921.13 $449.34 -$0.97