College Financial Decisions

Which College is the Best Financially?

A&M Financial Statistics

Yearly Cost-$27272

Interest Rate and Years-4.4% for 6 years

Monthly Payment-$431.66

Total Cost of Loan-31079.52

Total Interest-3807.52

Baylor Financial Statistics

Yearly Cost-$49028

Interest Rate and Years-4.4% for 6 years

Monthly Payment-$776.02

Total Cost of Loan-$55873.44

Total Interest-$6845.44

Austin Community College Financial Statistics

Yearly Cost-$5100

Interest Rate and Years-4.4% for 6 years

Monthly Payment-$80.72

Total Cost of Loan-$5811.84

Total Interest-$711.84

Yale Financial Statistics

Yearly Cost-$63970

Interest Rate and Years-4.4% for 6 years

Monthly Payment-$1012.52

Total Cost of Loan-$72901.44

Total Interest-$8931.44

So Which Is the Best Option?

The best option for me is going to be A&M. While is isn't the cheapest, it is less than half the cost of Yale and is Cheap compared to a lot of Public schools. Austin Community College is the cheapest, but you can only attend for 2 years and the education isn't all that great. A&M without a doubt the best engineering school in Texas, and I just happen to wanna be a chemical engineer. Considering that Austin Community College has a very small engineering program and I can't get a full degree, A&M is the best option by a long shot.