College Project

By:Sydney Simpson

Baylor

Loan Amount: 59,255


Monthly payment:1,064.68


Interest:4,428.85


Total cost for the loan:63,880.85

Texas Tech

Loan Amount:25,624


Monthly Payment:460.43


Interest:2,001.78


Total cost for the loan:27,625.78

Tarrant County College

Loan Amount:10,246


Monthly Payment:184.11


Interest: 800.43


Total cost for the loan:11,046.43

University of Kentucky

Loan Amount:75,220


Monthly Payment:1,351.60


Interest:5,876.29


Total cost for the loan:81,096.29

Conclusion

The best decision out of the four colleges is defiantly TCC. This is the best financial plan because it is the cheapest per month and the interest is way less than the other three colleges.