Goal Planning · Education

DCA for Child Education Calculator

Education costs globally are rising at 10-12% every year. Use this calculator to find out exactly how much monthly DCA you need to secure your child's college fund.

The Reality of Education Inflation

A course that costs $80.0 K today will cost $124.6 K in 15 years (assuming 3% inflation). Start planning now.

Goal Details

3 Yr
18 Yr
$80.0 K
3%
10%

Target Corpus (Future Cost)

$124.6 K

Monthly DCA Needed

$298

Total Invested

$53.7 K

Gains: $71.0 K

Now (Age 3)15 Years to GrowCollege (Age 18)

Too high? Use 10% Step-Up DCA

Start lower and increase your DCA by 10% every year.

$168

Starting DCA

Approximate DCA Needed for Different Courses

Assuming 15 years to goal, 10% education inflation, and 12% expected DCA returns.

CourseToday's CostIn 15 Years (10% Infl)DCA Needed (12% return)
Public University (In-State)$28,000/yr$67,000/yr$800/mo
Public University (Out-of-State)$45,000/yr$108,000/yr$1,300/mo
Private University$60,000/yr$144,000/yr$1,700/mo
Ivy League / Top 20$80,000/yr$192,000/yr$2,300/mo
MBA (Top 10 Program)$100,000/yr$240,000/yr$2,900/mo

How to Use This Calculator

1

Adjust the inputs

Use the sliders or text boxes to enter your specific financial numbers.

2

Review the charts

The interactive charts will update immediately, showing a visual breakdown of your investments and returns.

3

Analyze the results

Look at the summary cards and tables to understand your total invested amount, estimated returns, and final corpus.

Frequently Asked Questions

How much do I need to save for my child's college education?

It depends on the college type, years until enrollment, and tuition inflation. For a $100,000 program in 15 years at 6% education inflation, you need approximately $1,200/month invested at 10% annual returns.

What is education inflation?

College tuition in the US has historically risen at about 6-8% annually, roughly double the consumer price index (CPI). This outpaces general inflation and makes starting early critical.

Should I use a 529 plan or a brokerage DCA for education savings?

A 529 plan offers tax-free growth for education expenses and should be the first priority. A taxable brokerage account via DCA into index funds is a great complement for flexibility if the child does not attend college.

How much does a 4-year US university degree cost?

A 4-year degree at a public in-state university averages $110,000 total today. Private universities average $240,000. With education inflation, these costs roughly double every 10-12 years, making early saving essential.

Can I use a Roth IRA for child education savings?

Yes, Roth IRA contributions (not earnings) can be withdrawn penalty-free for qualified education expenses. However, withdrawals may affect financial aid calculations. It is best used as a secondary education savings vehicle after maximizing a 529.