Colleges Cost Calculator

# project-1
 import java.util.Scanner;
// import scanner
public class CollegesCostCalculator 
{
    public static void main(String[]args)
    {
        Scanner scan = new Scanner(System.in);
        
        System.out.print("Enter current comprehensive fee: " );
        double compFee = scan.nextDouble();
        // asking how much the student's education has cost so far
        System.out.print("Enter the increase rate: " );
        double intRate = scan.nextDouble();
        // asking the intrest rate
        System.out.print("Enter child's current grade (mid-year): " );
        int grade = scan.nextInt();
        // asking for the student's grade
        System.out.println("Here is a projection for your child's college "
                + " costs:");
        
        System.out.println("Grade\tAnnual Comprehensive Fee\tRunning Total");
        
        double newIntRate = ((intRate*.01) + 1); 
        // formula for calculating intrest
        double runTotal = 0;
        while (grade <= 16)
        {
            if ((grade >= 13) && (grade <= 16)) 
               // if grade is greater than 13 and less than 16 run 
            {
                 runTotal = runTotal + compFee;
                System.out.println(grade + "\t$" + compFee + "\t$" + runTotal);
            }
            else
                // this is the end of pre college and start of college
                System.out.println(grade + "\t$" + compFee);
            grade = grade + 1;
            compFee = compFee * newIntRate;
            if (grade == 13)
                System.out.println("--- Start College ---");   
        }
        
        System.out.println("The comprehensive fee for a four-year education is "
                         + "projected to be" + runTotal );
        //total cost
    }
    
}