- Are you curious about the most expensive colleges
to attend in 2023?
Well, you are not alone.
College is one of the few goods and services
where you know that people are paying $0 to attend,
and you know that people are paying full price,
and most people are paying somewhere in between.
So, even though the college in this list
that we're about to read have a high sticker price,
it doesn't mean that you personally will pay the price
if you decide to apply and attend.
So, just what are the most expensive colleges to attend?
Well, in this video we'll share our list
of the 20 most expensive universities
based on their tuition and fees for the 2022,
2023 school year.
Hey, everyone, this is Andy Hill with The College Investor,
investing in personal finance for millennials.
If you're new to the channel and you like what you hear,
please hit subscribe so you're ready
when our next video comes out, thanks.
Okay, here's the list of the top 20
most expensive colleges and universities
in the United States,
based on their published tuition and fees for a single year.
Number one, Franklin & Marshall College,
which is located in Lancaster, Pennsylvania.
The tuition cost $65,652.
Franklin and Marshall College is an undergraduate
liberal arts college that touts itself
as one of the oldest colleges in the United States.
Franklin College was founded in 1787
with a financial gift from Benjamin Franklin.
In 1853, it merged with Marshall College
to become the organization that it is today.
The college is fairly small,
having a student body of just 2,400 students,
but it does offer 60 fields of study.
Number two, Columbia University,
which is located in New York, New York.
Tuition cost is $65,524.
Columbia University is the oldest college in America,
as it was founded in 1754, and one of the most expensive.
As one of the original nine colonial colleges in the US,
it has a long history,
and offers courses and majors
in many different fields of study,
ranging from ancient studies to anthropology,
to English, to economics, to business, and much more.
Keep in mind that Columbia University's acceptance rate
is quite low, hovering around 5.5%.
You'll need to be quite competitive to get in there.
If you are accepted,
you can hopefully benefit from financial aid opportunities,
including an annual grant of over $66,000
for international students.
Number three, Reed College located in Portland, Oregon.
The tuition cost is $64,450.
Reed College is a liberal arts college
that was founded in 1908, surprisingly making that
one of the newer colleges on this list.
Reed has roughly 40 Bachelors of Arts programs,
and has a student population of just 1,400.
They promised small class sizes,
and a low teacher-to-student ratio.
Number four, Vassar College,
which is located in Poughkeepsie, New York.
Tuition cost is $63,840.
Vassar is an independent liberal arts college
that was founded in 1861.
It started as a women's college,
but it opened its doors to men in 1969.
Vassar College is a relatively small school
with just 2,500 students spread across 51 different majors.
Number five, Tufts University,
located in Medford, Massachusetts.
Tuition cost is $63,804.
Tufts University is one of the best art schools in America.
Even with the higher sticker price,
it could be an excellent choice if you have financial need,
as Tufts may pay for your entire education
if you demonstrate good grades.
Number six, University of Southern California,
which is located in Los Angeles, California.
Tuition cost is $63,468.
The University of Southern California, or USC,
is well known both for its academic programs
and for its football team,
which dominates the fields each year.
Go to the school if you're interested
in film and photography,
as USC's programs for both are well ranked and regarded
as the best in their respective industries.
They also have one of the largest sports programs
of schools on this list.
Number seven, Boston College,
located in Chestnut Hill, Massachusetts.
The tuition cost, $62,950.
Boston College was founded in 1863.
Today, it has an undergraduate, graduate,
and professional school
centered around its liberal arts programs.
Boston College is one of the largest schools on this list
with an enrollment of 15,000 students
across 50 fields of study.
They also have one of the largest sports programs compared
to other schools on this list as well.
Number eight, Haverford,
located in Haverford, Pennsylvania.
It's tuition cost is $62,850.
Haverford College was founded in 1833.
This liberal arts college focuses on an education based
on discussion and debate of ideas.
With just 1400 students, this small liberal arts school
still has over 50 majors to choose from.
Number nine, Brown University,
located in Providence, Rhode Island.
It has a tuition cost of $62,680.
This Ivy League University
only has an acceptance rate of 7%.
That said, it's arguably the top school for English studies
in the US overall,
so consider going here if you wanna be a writer
or a literature professor.
Number 10, Harvey Mudd College,
which is located in Claremont, California.
The tuition cost is $62,516.
Harvey Mudd College is widely considered
to be one of the most expensive universities in the US,
and one of the prices colleges worldwide.
That said, there's a lot to like about this university,
namely the fact that it produces tons of STEM PhD graduates,
because its STEM programs are renowned and well rated.
Of particular note is the top tier engineering program,
which is among the best in the country.
If you want to go to school for science, mathematics,
and information technology,
Harvey Mudd could be a great bet,
provided you have the financial means to attend.
Number 11, Northwestern University,
which is located in Evanston, Illinois,
and its tuition cost is $62,391.
Northwestern University charges a high price for attendance,
but it's also an excellent school
for communication studies and journalism majors.
Many future writers for major newspapers
and online news sites go here to get their educations.
Number 12, University of Chicago,
located in Chicago, Illinois.
The tuition cost is $61,179.
The University of Chicago is an Illinois-based school
that has a sterling reputation
that offers top ranked programs in all areas,
ranking from economics to sociology to law.
The University of Chicago
has many different financial aid packages
for low income students as well.
It's also particularly well known for its alumni network,
which graduates can leverage for job opportunities
and for partnerships well after leaving school.
Number 13, Wellesley College,
which is located in Wellesley, Massachusetts.
It's got a tuition cost of $61,584.
Wellesley College is well known for a liberal arts,
and it's in Massachusetts,
and it's particularly well regarded as a women's school.
Consider attending here if you're a woman,
and want a female-oriented education
that will help you secure competitive
professional spots in the future.
Number 14, Oberlin College,
which is located in Oberlin, Ohio.
It's got a tuition cost of $61,106.
Oberlin is a liberal arts college
with a world-renowned conservatory,
and it places a huge focus on the arts and education.
Located in Ohio, this school has roughly 3000 students.
Even though it's one of
the most expensive colleges in the US,
roughly two thirds of its students receive financial aid.
Number 15, Sarah Lawrence College,
which is located in Bronxville, New York.
It's got a tuition cost of $60,700.
Sarah Lawrence was founded in 1926,
and is one of the top liberal arts colleges available today.
It's particularly well known and respected
for its inclusion of women in academia.
Female college attendees will find a very supportive culture
here that they can use for support.
There are 12 programs offered in total,
but students can also design custom courses
based on their unique liberal arts career goals.
Number 16, Dartmouth College,
located in Hanover, New Hampshire,
got a tuition cost of $60,687.
Dartmouth is the 9th oldest college in the US,
and it was established in 1769.
It offers many top-rated programs in majors in topics
like African-American studies,
anthropology, and neuroscience.
If you demonstrate significant financial need,
Dartmouth may pay for 100% of your expenses,
including student employment or work study programs.
Number 17, university of Rochester,
which is located in Rochester, New York.
It's got a tuition cost of $60,550.
University of Rochester is another
one of the larger colleges on this list.
It was founded in 1850,
and currently has a student enrollment of 12,000.
This college boasts a huge variety of programs,
including art and music, engineering,
sciences, medicine and dentistry, business and education.
With over 200 academic programs,
there are lots of opportunities for students here.
Number 18, Johns Hopkins University,
located in Baltimore, Maryland.
It's got a tuition cost of $60,480.
Johns Hopkins University is particularly well-known
for its pre-med and medical school, computer science,
biomedical engineering,
and cybersecurity courses and programs.
As a private research university,
it's a great place to study if you plan on acquiring a PhD,
and performing your own research projects in the future.
Number 19, Claremont McKenna College,
which is located in Claremont, California.
Tuition cost is $60,480.
Claremont McKenna College is a political science
and business major college first and foremost,
though, it also has a very strong liberal arts department.
Therefore, this could be a great university to attend
if you're interested in any of these areas.
In addition, Claremont McKenna College
has 11 distinct research centers,
so it's ideal if a future of professional research
sounds right for you.
Number 20, last on our list is Barnard College,
which is located in New York, New York.
It's got a tuition cost of $60,478.
Barnard College is one of the last remaining
women's colleges in the United States.
This college has roughly 3000 students
enrolled across 50 different majors.
It also has a partnership with Columbia University,
also on this list, to provide classes and resources as well.
Well, that's our list of 20, everybody.
Now, remember,
you don't have to pay the sticker price
for these super expensive universities.
While the sticker price of these colleges can be scary,
the top 20 most expensive colleges all have prices
over $60,000 per year that we just talked about,
it's important to remember
that you don't have to pay that full price.
In fact, only 38% of undergraduate students pay full price,
according to research by Mark Kantrowitz.
And with that in mind, you also know that there are
a number of students paying $0 due to scholarships,
grants, and other financial aid.
So, even though the list price may be $60,000,
most students will be paying less than that amount
every single year.
In the end, college, it's expensive,
and these schools are unusually expensive.
The average tuition at a private college is $39,400,
and all of these colleges are advertising tuition
in excess of 60,000 per year.
However, just because of college or university is expensive
doesn't mean that you personally will pay that price.
With all the various financial aid options,
you could see a significantly reduced out-of-pocket price,
so don't let the advertised tuition costs
scare you away from applying.
If one of these expensive colleges is your dream school,
you should apply.
You also fill out the FAFSA,
and see if you can get some
generous financial aid packages as well,
because while these schools may be prestigious,
it's important to make sure that college is worth it,
and you get a positive ROI on your education.
Thanks for hanging out today, everyone.
This is Andy from The College Investor.
We'll see you in the next video.