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!