Directions: Complete in full sentences and submit to Schoology
Tuition Matters Webquest
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Tuition Matters Webquest
- What is your desired career? What type of education do you need (4-year Bachelor's, Master's, or Ph.D? Technical training?)
- Locate one in-state public college and find their tuition rates (which should include room and board per year)
- Locate one out-of-state colleges and find their tuition rates (which should include room and board per year)
- Locate one private colleges and find their tuition rates (which should include room and board per year)
- Locate a community college in New Jersey and find its tuition rate (no room or board).
- Select Assume you are taking out 100% federal loans. Click here to calculate interest.
a. Choose the college you are leaning toward for the amount of money you are taking out as a loan. This should include room and board for all four years.
b. Enter the loan amount (tuition times four years), interest rate of 3.0% (average amount), and the loan term should be 15 years. For loan fees, leave blank. For minimum payment, enter $100.
d. Click calculate.
e. How much money in interest did you pay? What was the total cost of tuition, room and board, and interest together? - Select Assume you are taking out 100% private loans. Click here to calculate interest.
a. Choose the college you are leaning toward for the amount of money you are taking out as a loan. This should include room and board for all four years.
b. Enter the loan amount (tuition times four years), interest rate of 9.0% (average amount), and the loan term should be 15 years. For loan fees, leave blank. For minimum payment, enter $100.
d. Click calculate.
e. How much money in interest did you pay? What was the total cost of tuition, room and board, and interest together? - After looking up these costs of college and loans, how might this impact your future decisions? Explain in a few sentences.
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