10 Expensive Universities that Cost More than $50,000/year
In the US, you need to have at least $36,500 (according to a 2014 study by HSBC) annually to study in a private college and to cover your expenses for the whole year. Quadruple that amount and you must have more or less $150,000 just to finish a four-year degree. However, if you want to be enrolled in one of the reputable universities in the world, you must expect to pay more than double or triple the average cost of going to college. Although the most expensive universities in this list don’t include Yale, Harvard, Cambridge, or MIT, these institutions have already built a reputation for providing one of the best modes of education for college students. Check out the most expensive universities in the US in the following pages.
10. University of Chicago
(tuition and boarding: $57,711/year)
Built in 1890 in Chicago, Illinois, this private research university has proven that its steep tuition fee is equated with the quality of education that students are given. The University of Chicago has produced 87 alumni and staff who are Nobel Prize laureates, mostly under the field of science such as chemistry, physics, and medicine. President Barack Obama, a Nobel Peace Prize recipient, also taught at this University under their Law School.
9. Johns Hopkins University
(tuition and boarding: $57,820/year)
This university in Baltimore, Maryland was named after businessman Johns Hopkins, who donated $7 million to establish the school in 1876. This private research university is known for their specialty in the fields of medical research, engineering, and science.
8. Parsons the New School for Design
(tuition and boarding: $57,910/year)
Established by the impressionist painter, Merritt Chase in 1986, Parsons The New School for Design is located in Manhattan, New York. Parsons is the first institution to offer fashion design, interior design, and graphic design in the US. Today, it is one of the most prestigious art and design universities on the globe.
7. Dartmouth College
(tuition and boarding: $57,996/year)
One of the two Ivy League institutions in this list is Dartmouth College in New Hampshire. This college, built in 1769, has already produced three Nobel Prize recipients in the fields of Physics, Chemistry, and Physiology.
6. Claremont McKenna College
(tuition and boarding: $58,065/year)
A private liberal arts college in California, Claremont was established in 1946 but was exclusively for men. They only began accepting women in their college in 1976. Also known as CMC, Claremont is popular for their strict acceptance of students. In fact, they hold the record for having the lowest acceptance rate in the US.
5. Wesleyan University
(tuition and boarding: $58,502/year)
Named after John Wesley, the founder of the Methodist Movement, this liberal arts university is located in Middletown, Connecticut. This university is known to be the second most productive liberal arts college in the US with a huge number of undergraduates further pursuing their PhDs.
4. Columbia University
(tuition and boarding: $58,742/year)
Columbia University in New York is another Ivy League institution in this list. Established in 1754, this university is the administrator of the annual Pulitzer Prize. It has already produced 98 Nobel Prize recipients and has a long list of alumni who have held high positions in the US government.
3. Harvey Mudd College
(tuition and boarding: $58,913/year)
Another private liberal arts college in this list is the Harvey Mudd College in Claremont, California. This institution is known to provide some of the best programs in general sciences, research, as well as education. Alumni from Harvey Mudd College are known to be the highest-paid graduates than any other college in the US.
2. New York University
(tuition and boarding: $59,337/year)
Located in Lower Manhattan, the New York University has been known to be one of the most sought after schools for international students. NYU is also known as the top college in the US that sends the most students to study abroad. Also, NYU has produced 36 Nobel Prize laureates, 16 Pulitzer Prize awardees, and 10 graduates who have received the National Medal of Science.
1. Sarah Lawrence College
(tuition and boarding: $61,236/year)
The most expensive university in the world is Sarah Lawrence College in the City of Yonkers, New York. Established by Duzer Lawrence in 1926, the Sarah Lawrence College is known for its high academic standards and its low student-faculty ratio.
This college specializes in the humanities, performing arts, and writing. Some of the notable alumni of this college are fashion designer Vera Wang, Emmy Award-winning film and TV producer J.J. Abrams, and media personality Barbara Walters.