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.