Collage Project
By Beatriz Simental
Interest rate-4.4%
Time-6 years
Rice University (in-state private)
1 year tuition-$54,766
loan cost-$71,278
total interest-$16,512
monthly payment-$1,128.20
The University of Texas at Austin(in-state public)
1 year tuition-$9,830
loan cost-$12,794
total interest-$2,964
monthly payment-$202.50
Amarillo Collage(community collage)
1 year tuition n-$1,008
loan cost-$1,312
total interest-$304
monthly payment-$20.77
University of Phoenix
1 year tuition-$10,547
loan amount-$13,767
total interest-$3,215
monthly payment-$217.91
Conclusion
If money is a problem its better to choose a good community collage you can choose one that is close to home that way if you get homesick, home is only a few miles away.I would choose a community collage because they are always better for family's who struggle with money I have a twin brother and it gets really expensive buying 2 of everything. Community collages are very mature too they are meant for all ages.