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