Los Angeles College of Music Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Los Angeles College of Music? Our Los Angeles College of Music savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $25,650 for in-state students and $25,650 for out-of-state students, plus a 81.4% admission rate, strategic financial planning is essential for your Los Angeles College of Music college fund.
About Los Angeles College of Music
Los Angeles College of Music is a highly selective institution with 267 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 Los Angeles College of Music education fund.
Current Los Angeles College of Music Costs
- In-State Tuition: $25,650 per year
- Out-of-State Tuition: $25,650 per year
- Total Students: 267
- Admission Rate: 81.4%
Use our calculator above to determine your personalized savings plan for Los Angeles College of Music.
Smart Savings Strategies for Los Angeles College of Music
Given the higher cost tuition costs at Los Angeles College of Music, 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 Los Angeles College of Music planning
3. Automatic Savings
Set up monthly transfers to consistently build your Los Angeles College of Music fund
4. Investment Growth
With Los Angeles College of Music's tuition costs, consider growth-oriented investments for long-term savings
Los Angeles College of Music Graduate Outcomes
- Median Earnings (10 years): $31,758
- Loan Repayment Rate: 74.0
- Value Rating: Fair
These outcomes show concerning return on investment, making your Los Angeles College of Music savings strategy less compelling from a financial perspective.
Frequently Asked Questions
Los Angeles College of Music costs $25,650 per year for in-state students and $25,650 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 Los Angeles College of Music is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $25,650 annual cost. Starting when your child is born gives you 18 years to save.
Los Angeles College of Music has a 81.4% admission rate, making it highly competitive. With 267 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Los Angeles College of Music graduates earn a median salary of $31,758 ten years after graduation, with a 74.0 loan repayment rate. This represents concerning value given the $25,650 tuition cost.
Use our Los Angeles College of Music 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 $25,650 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 $110,555 total cost by $67,483. To fully fund college, you'd need to save at least $257 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $110,555 total cost by $2,874. To fully fund college, you'd need to save at least $257 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $110,555 total cost for 4 years at Los Angeles College of Music with $104,806 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $110,555 total cost for 4 years at Los Angeles College of Music with $320,166 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $110,555 total cost for 4 years at Los Angeles College of Music with $966,248 extra for additional expenses.