College Research Project
By: Ladon Neal
Texas Christian University
The cost for 1 year is $55,630.
The interest rate is 3% for 6 years.
The monthly payment is $1,885.23.
The total cost of the loan is $135,736.56.
The total interest is $80,106.56.
Baylor University
The cost for 1 year is $26,399.37.
The interest rate is 3% for 6 years.
The monthly payment is $899.01.
The total cost of the loan is 64,728.72.
The total interest is 38,329.35.
Tarrant County College
The cost for 1 year is 7,050.
The interest rate is 3% for 6 years.
The monthly payment is 240.08.
The total cost of the loan is 17,285.76.
The total interest is 10,235.76.
Oklahoma University
The cost for 1 year is 33,707.
The interest rate is 3% for 6 years.
The monthly payment is 1,147.86.
The total cost of the loan is $82,645.92.
The total interest is $48,938.
Conclusion
I would chose to go to Oklahoma. Because they have great programs with lower cost and Oklahoma is the best.