No two things are more stressful to a prospective college student than the question of getting accepted and determining if they can actually afford attending the school of their dreams. The cost of college is no joke, and is something we have tried to put a spotlight on since we started ranking expensive colleges back in 2007, as it is a troublesome debt many students will carry for years to come.
The list of the 100 most expensive colleges by total cost (tuition + room & board + required fees) are all private and range from $56,000 all the way up to $65,000 per year. This is a significant jump in price from the average private university cost of $42,419 and (obviously) the average cost of attending a public in-state college at $18,943.
With most of these schools surpassing the $60K per year mark, incoming students can expect to see a price tag of over a quarter-million dollars for their 4-year degree when expected yearly increases in tuition are taken into account. When you consider only about a third of students complete their degree within four years, you can see how students can really rack up student loan debt.
While the majority of these colleges offer great financial aid packages to those with need, it’s important to note there are still students who are paying these exuberant prices. At Duke University (#44 on this list), for example, about 50% of its students are paying the fully listed price of $60,533.
If you needed your holiday dinner table discussion topic, here it is: The 100 Most Expensive Colleges for 2014-2015.
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Top 100 Most Expensive Colleges by Total Cost
College | Total Cost |
1. Sarah Lawrence College | 65,480 |
2. Harvey Mudd College | 64,427 |
3. New York University | 63,472 |
4. Columbia University | 63,440 |
5. University of Chicago | 62,458 |
6. Claremont McKenna College | 62,215 |
7. Fordham University - Lincoln Center | 62,192 |
8. Bard College | 62,012 |
9. Dartmouth College | 61,947 |
10. Scripps College | 61,940 |
11. Oberlin College | 61,788 |
12. Trinity College (CT) | 61,756 |
13. Pitzer College | 61,750 |
14. Bard College at Simon's Rock | 61,735 |
15. Northwestern University | 61,640 |
16. University of Southern California | 61,614 |
17. Haverford College | 61,564 |
18. Rensselaer Polytechnic Institute | 61,529 |
19. Fordham University - Rose Hill | 61,472 |
20. Drexel University | 61,383 |
21. Johns Hopkins University | 61,306 |
22. Tufts University | 61,277 |
23. Amherst College | 61,206 |
24. Wesleyan University | 61,198 |
25. Carnegie Mellon University | 61,186 |
26. Vassar College | 61,140 |
27. Penn | 61,132 |
28. Williams College | 61,070 |
29. Occidental College | 60,972 |
30. Cornell University | 60,964 |
31. Connecticut College | 60,895 |
32. Tulane University | 60,861 |
33. Eugene Lang College (The New School) | 60,852 |
34. Franklin & Marshall College | 60,799 |
35. Georgetown University | 60,768 |
36. Brandeis University | 60,750 |
37. Bates College | 60,720 |
38. Hampshire College | 60,715 |
39. Barnard College | 60,700 |
40. Boston University | 60,694 |
41. University of Rochester | 60,668 |
42. Boston College | 60,622 |
43. Southern Methodist University | 60,586 |
44. Duke University | 60,533 |
45. Pomona College | 60,532 |
46. The George Washington University | 60,460 |
47. Washington University in St. Louis | 60,355 |
48. Bennington College | 60,310 |
49. Union College (NY) | 60,240 |
50. Stevens Institute of Technology | 60,168 |
51. Colgate University | 60,145 |
52. Bucknell University | 60,140 |
53. Carleton College | 60,102 |
54. Pepperdine University | 60,082 |
55. Hobart and William Smith College | 60,034 |
56. St. Lawrence University | 59,972 |
57. Hamilton College | 59,970 |
58. Reed College | 59,960 |
59. Skidmore College | 59,942 |
60. Bryn Mawr College | 59,890 |
61. Yale University | 59,800 |
62. Smith College | 59,674 |
63. Dickinson College | 59,664 |
64. Babson College | 59,614 |
65. Swarthmore College | 59,610 |
66. Bowdoin College | 59,568 |
67. Colby College | 59,500 |
68. University of Notre Dame | 59,461 |
69. Brown University | 59,428 |
70. Olin College | 59,225 |
71. Middlebury College | 59,160 |
72. Lafayette College | 59,155 |
73. Wellesley College | 59,038 |
74. St. John's College (MD) | 58,896 |
75. Kenyon College | 58,890 |
76. Wake Forest University | 58,838 |
77. Gettysburg College | 58,820 |
78. Harvard | 58,607 |
79. Wheaton College (MA) | 58,511 |
80. Stanford University | 58,388 |
81. Villanova University | 58,244 |
82. MIT | 58,240 |
83. Vanderbilt University | 58,220 |
84. St. John's College (NM) | 58,208 |
85. Davidson | 58,146 |
86. Chapman University | 58,048 |
87. College of the Holy Cross | 58,042 |
88. Emory University | 57,768 |
89. Macalester College | 57,691 |
90. Ursinus College | 57,580 |
91. Northeastern University | 57,490 |
92. University of Richmond | 57,470 |
93. Providence College | 57,383 |
94. Drew University | 57,366 |
95. Worcester Polytechnic Institute | 57,304 |
96. Colorado College | 57,162 |
97. University of Miami | 57,034 |
98. Fairfield University | 56,960 |
99. Loyola University Maryland | 56,880 |
100. Denison University | 56,850 |
Data compiled by CampusGrotto.com
Notes:
Total Cost = Tuition + Room and Board + Required Fees
The fees included in the total cost only include fees that are required for all undergraduates. These fees typically include items like the Student Activity Fee, a Facilities Fee, and a Technology fee. You won't see any fees by major, orientation fees for incoming students, or medical insurance fees included in these costs. Many other fees can be optional and can vary per student and per major. A Student Health Insurance Fee, for example, is obviously not going to be required for a student already on their parents’ insurance plan. Some colleges have their yearly budget for students listed slightly higher than what you see here. This is because some colleges also add in the estimated costs for books and supplies, personal expenses, and transportation costs.
Tuition numbers were taken directly from each college's website in fall of 2014.
This list only takes into account colleges that offer bachelor's (BA) degrees at traditional 4-year undergraduate colleges, so you will not see any junior colleges or music conservatories on this list, or schools like Landmark College (costs over $60K) who offer students an Associate of Arts (AA) degree.
The price tags shown for these schools do not mean that they are financially out of reach. Many schools provide financial aid packages that meet 100% of a student's financial need (Cost of Attendance - Estimated Family Contribution). Some colleges even eliminate tuition altogether for lower income students.
To get a better understanding of what you will actually be paying, be sure to use net price calculators that each school provides on their website. These typically take about 10-15 minutes to complete, but can provide a more realistic figure of what you can expect to pay. (For a complete list of colleges and links to their net price calculators visit NetPriceCalculator.com.)
Also see colleges with the highest room and board.
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