The U.S. boasts of having the most expensive colleges in the world. Although college education is generally expensive in the U.S. compared to other developed countries globally, the high tuition fees don’t necessarily reflect the quality of education. In fact, the most expensive colleges aren’t necessarily the highest ranked in the U.S. and globally.
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Nevertheless, tuition prices have been rising for decades in America. In fact, there are more than 50 colleges in the U.S. charging over $60,000 annually today. According to the latest statistics, college tuition prices have increased by 1,225% since 1978 despite the fact that the cost of shelter and food has increased by just 257% and 370% respectively over the same time period (over 37 years).
According to the latest statistics from the Chronicle of Higher Education, Sarah Lawrence is currently the most expensive college in the United States. The college charges students approximately $65,400 per year. The amount caters for tuition fees as well as room and boarding fees. Sarah Lawrence College is a private four-year liberal arts college located in Bronxville, New York.
The cost of tuition alone is $50,780 at Sarah Lawrence College. This represents a 4.3% increase from last year’s tuition fee. In fact, the most expensive U.S. colleges increase tuition fees by the highest margin annually. Below is a list of the top 10 most expensive colleges in the U.S. according to latest statistics from the College Board Annual Survey of Colleges.
1. Sarah Lawrence College in Bronxville, N.Y. Cost: $65,480
2. Harvey Mudd College in Claremont, Calif. Cost: $64,427
3. Columbia University in New York, N.Y. Cost: $63,440
4. University of Chicago in Chicago, Ill. Cost: $62,458
5. Claremont McKenna College in Claremont, Calif. Cost: $62,215
6. Bard College in Annandale on Hudson, N.Y. Cost: $62,012
7. Scripps College in Claremont, California. Cost: 61,940
8. Dartmouth College in Hanover, N.H. Cost: $61,927
9. Landmark College in Putney, Vt. Cost: $61,898
10. Franklin W Olin College of Engineering in Needham, Massachusetts. Cost: $61,881