Milwaukee School of Engineering Savings Calculator - Plan Your College Fund
You will not meet your savings goal
You need to make a monthly contribution of to meet your goal.
You will exceed your savings goal
You only need to make a monthly contribution of to meet your goal.
Balance and Expenses by Years
Total Costs by Child
Planning to save for Milwaukee School of Engineering? Our Milwaukee School of Engineering savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $48,421 for in-state students and $48,421 for out-of-state students, plus a 60.4% admission rate, strategic financial planning is essential for your Milwaukee School of Engineering college fund.
About Milwaukee School of Engineering
Milwaukee School of Engineering is a highly selective institution with 2,607 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 Milwaukee School of Engineering education fund.
Current Milwaukee School of Engineering Costs
- In-State Tuition: $48,421 per year
- Out-of-State Tuition: $48,421 per year
- Total Students: 2,607
- Admission Rate: 60.4%
Use our calculator above to determine your personalized savings plan for Milwaukee School of Engineering.
Smart Savings Strategies for Milwaukee School of Engineering
Given the premium cost tuition costs at Milwaukee School of Engineering, 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 Milwaukee School of Engineering planning
3. Automatic Savings
Set up monthly transfers to consistently build your Milwaukee School of Engineering fund
4. Investment Growth
With Milwaukee School of Engineering's tuition costs, consider growth-oriented investments for long-term savings
Milwaukee School of Engineering Graduate Outcomes
- Median Earnings (10 years): $89,070
- Loan Repayment Rate: 1152.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Milwaukee School of Engineering savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Milwaukee School of Engineering costs $48,421 per year for in-state students and $48,421 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 Milwaukee School of Engineering is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $48,421 annual cost. Starting when your child is born gives you 18 years to save.
Milwaukee School of Engineering has a 60.4% admission rate, making it highly competitive. With 2,607 total students and average test scores of N/A SAT and N/A ACT, preparation and planning are important.
Milwaukee School of Engineering graduates earn a median salary of $89,070 ten years after graduation, with a 1152.0 loan repayment rate. This represents positive value given the $48,421 tuition cost.
Use our Milwaukee School of Engineering 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 $48,421 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 $208,701 total cost by $165,628. To fully fund college, you'd need to save at least $485 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $208,701 total cost by $101,020. To fully fund college, you'd need to save at least $485 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $208,701 total cost for 4 years at Milwaukee School of Engineering with $6,660 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $208,701 total cost for 4 years at Milwaukee School of Engineering with $222,020 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $208,701 total cost for 4 years at Milwaukee School of Engineering with $868,102 extra for additional expenses.