College Research Project

Come see which college offers the best value

Total cost for one year at each college

Iowa: $40,910

TCU: $55,360

TCC: $17,298

Texas A&M: $27,272

My interest rate per year and the length of my student loan repayment

Interest rate: 7.9%

Years: 8

My Monthly Payments

Iowa: $576.25

TCU: $779.80

TCC: $243.66

Texas A&M: $384.15

Total interest Incurred

Iowa: $14,410.00

TCU: $19,500.80

TCC: $6,093.36

Texas A&M: $9,606.40

Total Cost of the Loan required to attend each college

Loan Amounts

Iowa: $55,320.00

TCU: $74,860.08

TCC: $23,391.36

Texas A&M: $36,878.40

Conclusion

TCC would be the best college to go to in terms of value because its total loan cost was only $23,391.36--- which is less than it would cost to go to any other college. On top of that, it is a community college. This means you wouldn't have to pay for all the additional campus costs such as room and meals. Since the campus is local and close to your home, you would just commute back and forth each day from the campus to your home.

Conclusion

TCC would be the best college to attend from a financial standpoint.
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