College Project
By-Kaitlin Ayers
Texas A&M
Total cost per year- $27,272
Interest Rate and Years- 9 years, 6.6%
Monthly payment- $335.57
End up paying- $36,241.56
Interest- $8969.56
Texas Christian University
Total cost per year- $55,630
Student Loan- 9 years, 6.6%
Monthly payment- $684.51
End up paying- $73,927.08
Interest- $18297.08
Dallas County Community College
Total cost per year- $15,410
Student Loan- 9 years, 6.6%
Monthly payment- $189.61
End up paying- $20,477.88
Interest- $5067.88
Lipscomb
Total cost per year- $40,996
Student loan- 9 years, 6.6%
Monthly payment- $504.44
End up paying- $54,479.52
Interest- $13483.52
Conclusion
I chose Texas A&M because it is in state so it is cheaper then Lipscomb. Also, it is a public school so therefore it is less then TCU. I chose Texas A&M over Dallas County Community College District because I do not want to attend a community college. Texas A&M offers a graphic design program, which is what I would like to study, plus my dad was an aggie!