1. Cost of Education for a Degree in Design at Bryant & Stratton College 7
Samantha Baker

2. Total of Tuition and Fees = $33,720
Graphic Design AAS
Program Level - Associate's degree
Program Length - 2 years (Bryant and Stratton College)
Tuition and Fees:
Total of Tuition and Fees = $33,720

3. Books & Supplies
Books and Supplies =
$3,200

4. On Campus Room & Board
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Room and Board =
$17,200

5. Tuition & Fees + Books & Supplies + On Campus Room & Board =
A Total of $54,120

6. Monthly Payment in a Span of 10 years =
$555.43

7. With a Total Interest of
$12,531.48

8. Payments Arrangments:
What is the payment for 10 years? $ How do the monthly payments change by reducing it to 8 years? $ How does the total interest charged over the life of the student loan change by reducing the loan from 10 years to 8 years? Total Interest if one does payments within 10 years $12, Total Interest if one does payments within 8 years $9, That is $2, worth of savings reducing the amount of interest by paying ones loans back eight years rather than 10 years.

9. Average Salary & Affordability?
$52,700 Average Annual Salary (Salary.com) Weekly Average of $1,013 What do you believe would be the best financial decision? The best financial decision would be to pay off the loan in 8 years. If one can afford the payments after life expenses, it would be the smartest thing to do. Does it seem reasonable that a recent graduate could afford such a monthly loan payment? Why/why not It is reasonable depending on other cost of living expenses. Whether one has a growing family or whether finds a job right away after graduation. They can all have a significant affect.

10. References:
Bryant & Stratton College, Graphic Design AAS Program Level - Associate's degree
Program Length - 2 years , retrieved 6/17/2016
Salary.com, Graphic Design Specialist, US National Averages, , retrieved 6/17/2016