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