MyKollege — Cost of Education Report
Your estimated college cost
· · years
Per year
Monthly equivalent
In
Cost breakdown
Share of gross cost, before scholarships.
Year-by-year projection
Fees grown at % a year and living costs at % a year. Inflation is off — every year is shown in today's money.
| Expense | |
|---|---|
| Total |
Education loan
Loan amount
EMI
₹
Total interest
Loan-adjusted cost
Opportunity cost —
Opportunity cost represents estimated income you may forgo while studying. It is not a direct college expense, so it is not included in the total above.
📈 Education ROI
What the degree has to earn back, and how long that takes.
Cost-to-salary ratio
×
Payback period
10-year earnings
10-year ROI
%
ROI is an estimate based on user-provided or MyKollege estimated salary data. Actual outcomes vary.
Enter an expected starting salary to see payback and ROI. We fill it in automatically when the college has placement data on record.
India vs abroad
Your own two estimates, side by side. Switch mode above and both stay saved.
| Expense | India | |
|---|---|---|
| Total |
Studying abroad works out roughly on these assumptions.
💡 MyKollege recommendation
Financial fit
Budget used
Likely loan needed
Data confidence
Not every figure here is equally solid. This is which is which.
Assumptions used
- • Course duration: years, with a part-year at the end.
- • Living costs from the profile at a lifestyle — overridden with your own figures.
- • Inflation: % on fees, % on living costs, compounding each year.
- • Exchange rate: 1 = ₹, applied to every foreign-currency figure.
- • Loan: % over years after a -month moratorium, interest capitalised.
- • Deposits (hostel, rent security) are counted as costs even though they are often refundable.
Important: college costs shown by MyKollege are estimates unless specifically provided by the institution. Tuition, accommodation, living expenses, exchange rates, travel costs, scholarships and other expenses can change. Always verify final fees and requirements with the college/university or official authority.