College Project
By: Omar Diakhate Period: 5
Interest Rate and Time
Interest Rate: 7.9%
Time: 8 Years
Texas A&M University
Total Cost for 1 Year: $23960
Monthly Payment: $337.50
Total Interest: $8440
Total Loan Cost: $32400
Texas Health and Science University
Total Cost for 1 Year: $15025
Monthly Payment: $211.64
Total Interest: $5292.44
Total Loan Cost: $20317.44
Austin Community College
Total Cost for 1 Year: $16838
Monthly Payment: $237.18
Total Interest: $5931.28
Total Loan Cost: $22769.28
LSU
Total Cost for 1 Year: $39190
Monthly Payment: $552.03
Total Interest: $13804.88
Total Loan Cost: $52994.88
Conclusion
Out of these four colleges, I would decide to attend Texas Health and Science University. The university has a lot to offer with a lower price. You also can get a good paying job with a degree from this university. That is why I would attend Texas Health and Science University.