Wabash College Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Wabash College? Our Wabash College savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $49,125 for in-state students and $49,125 for out-of-state students, plus a 62.8% admission rate, strategic financial planning is essential for your Wabash College college fund.
About Wabash College
Wabash College is a highly selective institution with 845 students. The college maintains high academic standards with average SAT scores of 1200 and ACT scores of 26.5. Understanding these costs upfront allows families to create an effective savings strategy for their Wabash College education fund.
Current Wabash College Costs
- In-State Tuition: $49,125 per year
- Out-of-State Tuition: $49,125 per year
- Total Students: 845
- Admission Rate: 62.8%
Use our calculator above to determine your personalized savings plan for Wabash College.
Smart Savings Strategies for Wabash College
Given the premium cost tuition costs at Wabash 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 Wabash College planning
3. Automatic Savings
Set up monthly transfers to consistently build your Wabash College fund
4. Investment Growth
With Wabash College's tuition costs, consider growth-oriented investments for long-term savings
Wabash College Graduate Outcomes
- Median Earnings (10 years): $69,952
- Loan Repayment Rate: 361.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Wabash College savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Wabash College costs $49,125 per year for in-state students and $49,125 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 Wabash College is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $49,125 annual cost. Starting when your child is born gives you 18 years to save.
Wabash College has a 62.8% admission rate, making it highly competitive. With 845 total students and average test scores of 1200 SAT and 26.5 ACT, preparation and planning are important.
Wabash College graduates earn a median salary of $69,952 ten years after graduation, with a 361.0 loan repayment rate. This represents positive value given the $49,125 tuition cost.
Use our Wabash 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 $49,125 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 $211,735 total cost by $168,663. To fully fund college, you'd need to save at least $492 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This falls short of the estimated $211,735 total cost by $104,055. To fully fund college, you'd need to save at least $492 monthly.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $211,735 total cost for 4 years at Wabash College with $3,626 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $211,735 total cost for 4 years at Wabash College with $218,986 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $211,735 total cost for 4 years at Wabash College with $865,068 extra for additional expenses.