Collage Math Project

Taylor Harbin

Texas Tech

Total cost for one year: $16,499

Interest rate: 4.1%

Years on loan: 6 years

Monthly payment: $258.88

Cost of loan: $1,863,936

Total interest: $1,847,437

Texas Christan University (TCU)

Total cost for one year: $59,370

Interest rate: 4.1%

Years on loan: 6 years

Monthly payment: $931.56

Cost of loan: $67,072.32

Total interest: $7702.32

Houston Community Collage (HCC)

Total cost for one year: $1,680.50

Interest rate: 4.1%

Years on loan: 6 years

Monthly payment: $26.37

Cost of loan: $1,898.64

Total interest: $218.14

Stanford

Total cost for one year: $45,195

Interest rate: 4.1%

Years on loan: 6 years

Monthly payment: $707.08

Cost of loan: $50,909.76

Total interest: $5,714.76