Dorsey College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Dorsey College? Our Dorsey College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $32,160 for in-state students and $32,160 for out-of-state students, plus a N/A admission rate, strategic financial planning is essential for your Dorsey College college fund.
About Dorsey College
Dorsey College is a selective institution with 547 students. The college maintains high academic standards with average SAT scores of N/A and ACT scores of N/A. Understanding these costs upfront allows families to create an effective savings strategy for their Dorsey College education fund.
Current Dorsey College Costs
- In-State Tuition: $32,160 per year
- Out-of-State Tuition: $32,160 per year
- Total Students: 547
- Admission Rate: N/A
Use our calculator above to determine your personalized savings plan for Dorsey College.
Smart Savings Strategies for Dorsey College
Given the higher cost tuition costs at Dorsey College, early planning is crucial. Consider these approaches:
1. Start Early
Begin saving when your child is young to take advantage of compound interest
2. 529 Plans
Tax-advantaged education savings accounts are ideal for Dorsey College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Dorsey College fund
4. Investment Growth
With Dorsey College's tuition costs, consider growth-oriented investments for long-term savings
Dorsey College Graduate Outcomes
- Median Earnings (10 years): $29,392
- Loan Repayment Rate: 4071.0
- Value Rating: Concerning
These outcomes show concerning return on investment, making your Dorsey College savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Dorsey College costs $32,160 per year for in-state students and $32,160 for out-of-state students. These figures represent tuition only and don't include room, board, and other expenses.
The best time to start saving for Dorsey College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $32,160 annual cost. Starting when your child is born gives you 18 years to save.
Dorsey College has a N/A admission rate, making it selective. With 547 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Dorsey College graduates earn a median salary of $29,392 ten years after graduation, with a 4071.0 loan repayment rate. This represents concerning value given the $32,160 tuition cost.
Use our Dorsey College savings calculator above to determine your monthly savings goal. The amount depends on your child's current age, expected tuition increases, and investment returns. For current $32,160 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This falls short of the estimated $138,614 total cost by $95,542. To fully fund college, you'd need to save at least $322 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $138,614 total cost by $30,933. To fully fund college, you'd need to save at least $322 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $138,614 total cost for 4 years at Dorsey College with $76,747 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $138,614 total cost for 4 years at Dorsey College with $292,107 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $138,614 total cost for 4 years at Dorsey College with $938,189 extra for additional expenses.