College Tuition and Finances

By William Boysen

A and M University

Principal: $24,024

Interest rate: 7.1%

Years: 5

Monthly Payment: $476.83

Total after years: $28,609.8

Interest: $4585.8

Baylor University

Principal: $56,776

Interest rate: 7.1%

Years: 5

Monthly Payment: $1126.71

Total after years: $67602.6

Interest: $10,826.6

Northeast Texas Community College

Principal: $1715

Interest rate: 7.1%

Years: 5

Monthly Payment: $34

Total after years: $2040

Interest: $325

Massachusetts Institute of Technology

Principal: $166,855

Interest rate: 7.1%

Years: 5

Monthly Payment: $3311.80

Total after years: $198,708

Interest: $31,853