1. Money

A Step-By-Step Guide to Calculating College Costs and Required Savings

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Introduction
While there are plenty of college cost and savings calculators available online, it’s wise to compute it by hand at least once. Doing so gives you a better sense of whether or not other estimates are in the right ballpark.

Here are the basic steps for calculating your future college costs, as well as the required annual savings to meet a shortage in funds:

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