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.