With all the talk about tuition-free college, it makes you wonder how much funding that will really take. Millions of young adults flock to colleges and universities every single year to earn an education with hopes of getting a stable career afterwards. Although a rewarding job is the ultimate goal, it can cost an awful lot of money to earn that piece of paper. What is it worth to you? Well here are the top 8 most expensive universities in America. These figures include the cost of tuition, room and board, and other required fees.
Claremont McKenna College costs a total of $64,325 for the first year. Tuition and fees equals $49,045 while room and board is around $15,280. This is a three percent increase from the last year. With such a steep increase, you should assume to start college as soon as possible. After all, these figures do not include other necessities like textbooks, food, and the occasional drink. Claremont McKenna College is located in Claremont, California, which is just east of Los Angeles. The private, co-ed liberal arts school was founded in 1946. It began as an all men’s college, which was popular among war veterans using their G.I. Bill after World War II. The suburban 69-acre campus is home to 1,301 undergrad students of which 52 percent are male. The school has an emphasis on social sciences, economics, government, and public affairs. The men are affectionately known as Stags while the women are Athenas. The motto of Claremont McKenna College is, “civilization prospers with commerce.” Luckily, over half of the students receive financial aid in order to help curve the expensive cost of tuition and room and board. What once started out as a male college has flourished into a California dream for future mayors, senators, and government officials.
No. 8 Claremont McKenna College
The University of Southern California is another west coast college that tops the charts for the most expensive educational institutions in the United States. Located in the heart of Los Angeles, the tuition for attending a year at this school is $50,627. The room and board is $13,855, which is a step down from Claremont McKenna College’s room and board. However, the tuition is nearly $1,700 more. This may be due to the fact that the University of Southern California is the state’s oldest research university and one of the most prominent research universities in the nation. Founded in 1880 as a private, co-ed research university, the undergrad enrolment reached 18,740 in 2014. Literally half of the students are male and the other half female. The University of Southern California boosts of its professional alumni. Among them are the makers of Myspace, Lucasfilm, and Tinder. The university, which rests on 308 acres of urban land, is known for creating business leaders and professionals with the utmost in innovation and entrepreneurship. The students are known as Trojans, men and women of Troy while their motto states, “Let whomever earns the palm bear it.” If you love the city life, have the entrepreneur spirit, and can bankroll the fees, this is the college for you.
No. 7 University of Southern California
Bard College at Simon’s Rock is located in a rural town in Great Barrington, Massachusetts. The annual tuition and fees costs $50,859. Add this number to the room and board rates of $13,660, and a year at Bard College at Simon’s Rock will equal $64,519. This amount is up by 4.2 percent from the previous year. Its parent college, Bard College is located in Annadale-on-Hudson in New York and is as equally expensive. This college, however, is very unique because it is the only liberal arts and sciences college designed for high school age students. That is, sophomore and junior students leave their last year of high school and enroll in college earlier than average undergraduates. With only 380 students attending, Bard College at Simon’s Rock is cutting edge. The institution was founded in 1964 on 275 rural acres. Great Barrington is home to a mere 7,500 people, so the college is a pretty big deal. However, most students earn their Associates of Arts or Bachelors of Arts and transfers to a different university. You may wonder how parents can afford to allow their children to take on such a challenge. Well, over 85 percent of undergrads receive some type of financial aid to help with the staggering costs of tuition, room and board.
No. 6 Bard College at Simon’s Rock
Located in the Hyde Park suburb of Chicago, Illinois, the University of Chicago costs an undergraduate about $64,965 per year. This figure breaks down to $50,193 for tuition and other required fees and another $14,772 for room and board. This is a 3.5 percent increase from 2014. Fortunately, 60 percent of students receive scholarships. The average scholarship is worth around $30,000 or more. This seems like a lot of money, but really only covers half of the fees. The University of Chicago is a private, co-ed school that was founded in 1890 by American Baptist Education Society. John D. Rockefeller, the wealthy oil magnate, donated a substation amount of money toward to university. In 2014, it had an enrollment of 5,681 students of which 53 percent were male. The main campus covers 217 urban acres. The school colors are white and maroon and the nickname of the students are maroons. The motto is, “Let knowledge grow from more and more; and so be human life enriched.” If you prefer city living, this may be the ideal college for you. Of course, you it will cost you a pretty penny. Even with a $30,000 scholarship, you owe another $35,000 for the first year not including textbooks, food, and other expenses.
No. 5 University of Chicago
Of course, everything in New York is expensive, and certainly more expensive than other parts of the United States. New York University is no exception. The tuition is around $47,750 and the room and board is another $17,580. This equals a whopping $65,330 for the first year, which is up 2.9 percent from 2014. About 50 percent of students receive financial aid, thankfully. The main campus is located in Greenwich Village, which is in lower Manhattan. The private, co-ed university was founded in 1831. More than 20 schools, colleges, and institutes make up the university. It is also known for having 11 global centers. In 2015, there were 24,985 undergrads enrolled of which 57 percent were female. Although the costs to attend New York University are colossal, the alumni are known for being wealthy. In fact, 17 living billionaires graduated from New York University. This statistic alone makes it one of the most reputable colleges in the world. New York City never sleeps and apparently neither does college students. You will barely have time to relax while you are paving the way to becoming rich and famous (and very, very rich) thanks to your alma mater. You can make a name for yourself in New York City just as so many others already have.
No. 4 New York University
Sarah Lawrence College is also in New York. It is located in Bronxville, a subdivision of Yonkers, which is north of Manhattan. The first year of schooling will cost you $65,630. Tuition is around $51,034 with room and board costing another $14,596. Even though these gasping expenses are somewhat absurd, Sarah Lawrence College is the only university on the list to have a zero percent increase from the year before. Therefore, if you are planning for your children to attend school in the future, you can rest assured knowing this is the price. It is also good to know that the majority of students receive scholarships. Founded in 1926 by real estate mogul William Van Duzer Lawrence, Sarah Lawrence College is a small, private, and co-ed liberal arts college. The enrollment for 2015 was only 1,437 undergrads; 71 percent were female. The school encourages creative and performing arts, writing, and humanities. The university is known for individualized course of study and the low student to faculty ratio. The suburban campus covers just 44 acres. If you are looking for a more personalized schooling experience, Sarah Lawrence College may be the way to go (if you can afford it, of course).
No. 3 Sarah Lawrence College
Yet another New York City college, Columbia University is located in upper Manhattan. This private, Ivy League university costs $66,383 annually. These numbers reflect $53,523 for tuition and another $12,860 for room and board. This is a 3.7 percent increase from the previous year. Luckily, half of the students receive financial aid. In 2015, 8,410 students were enrolled as undergrads. The 299-urban acres are home to 31 athletic teams known as the Lions. Another notable fact about Columbia University is the history of the establishment. It was founded in 1754, which makes it the oldest. George II of Great Britain issued a royal charter for the university. It is one of nine colonial colleges that were built before the Declaration of Independence. Columbia University is home to over 20 schools. Its motto comes from a biblical scripture that reads, “In Thy light shall we see light.” You, too, can be a shining light for the future thanks to your education from Columbia University. You just need to make sure you have enough money to pay for that schooling. In the words of Jay-Z, “you can pay for school, but you can’t buy class.” Well, we are pretty sure you can buy whatever you want as long as you have the funds.
No. 2 Columbia University
Drum roll, please! The most expensive university in America is Harvey Mudd College. No, Yale, Harvard, and Princeton did not even make the list. In fact, Harvey Mudd College is a west coast school. It is located in Claremont, California (which we discussed earlier for Claremont McKenna College). For just one year of schooling, it will cost you $67,255. Tuition is $50,749 and room and board overheads $16,506. This is a 3.7 percent increase from the prior year. There were only 835 undergrads enrolled in 2015, but two-thirds received scholarships. Harvey Mudd College is a private school that specializes in hybrid liberal arts including science, engineering, and mathematics. It was founded in 1955 and named for one of the initial investors Harvey Seeley Mudd. Although he died prior to the opening of the school, the other investors named the school in his honor. With just 38 acres of suburban land, the school colors are black and gold while the mascots are Stags and Athenas. The mission of the school “seeks to educate engineers, scientists, and mathematicians well versed in all of these areas in the humanities and the social sciences so that they may assume leadership in their fields with a clear understanding of the impact of their work on society.” That was a mouthful, but very meaningful.
No. 1 Harvey Mudd College