A worked example
A program costing $25,000 a year today, with 10 years until enrollment and 5% annual tuition inflation, will likely cost about $40,722 for the first year alone — and roughly $175,518 across all 4 years of school.
Frequently asked questions
Why use a separate 'tuition inflation' rate instead of general inflation?
College costs have historically risen faster than the broader Consumer Price Index in many years, though this varies by period and institution type — using a tuition-specific rate gives a more realistic projection than general inflation alone.
Should I use the sticker price or the price after financial aid?
If you have a reasonable estimate of aid or scholarships, use the net price you actually expect to pay — sticker price often substantially overstates what many families end up paying.
This calculator provides estimates for general informational purposes only and is not financial advice. Actual future costs and financial aid availability are not guaranteed.