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College Budget Report
Undergrad
Family
Grad School
College Budget Report
Program Type
Professional Degree
Law / Medicine — $50,000/yr × 4 yrs ($200k cap)
Graduate School
$20,500/yr — $100,000 lifetime cap
Cost & Funding Inputs
Start Year
Year 1 College Cost
$
Annual Cost Increase
%
Grandparents Total (4 yrs)
$
Parents Monthly Payment
$
Months Paying / Year
Typical college payment plan: 10 months
Insights below reflect the current inputs.
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Year-by-Year Breakdown
Year
Cost
Federal Required
Grandparents
Parents
Private Loans
Total Loans
Balance (w/ interest)
2026
$90,000
$22,250
of $50,000 cap
$33,750
$34,000
$0
$22,250
$24,030
2027
$94,500
$26,750
of $50,000 cap
$33,750
$34,000
$0
$26,750
$54,842
2028
$99,225
$31,475
of $50,000 cap
$33,750
$34,000
$0
$31,475
$93,223
2029
$104,186
$36,436
of $50,000 cap
$33,750
$34,000
$0
$36,436
$140,032
Total
$387,911
$116,911
$135,000
$136,000
$0
$116,911
$140,032
Repayment & Salary Impact
Loan Interest
%
Starting Salary
$
Effective Tax Rate
%
Repayment figures reflect the current inputs.
Recalculate
10-year payoff
Monthly Payment
$1,699
Total paid: $203,877
Loans as % of salary
15.7%
$20,388 / yr
Annual budget
Salary
$130,000
Taxes (30%)
-$39,000
Student Loans
-$20,388
Remaining (annual)
$70,612
Remaining (monthly)
$5,884
20-year payoff
Monthly Payment
$1,171
Total paid: $281,108
Loans as % of salary
10.8%
$14,055 / yr
Annual budget
Salary
$130,000
Taxes (30%)
-$39,000
Student Loans
-$14,055
Remaining (annual)
$76,945
Remaining (monthly)
$6,412
