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There Are Now 50 Colleges That Charge More Than $60,000 Per Year
Business Insider ^ | 07/10/2014 | Peter Jacobs

Posted on 07/10/2014 8:23:56 AM PDT by SeekAndFind

As the average cost of higher education in America continues to rise, at least 50 American colleges and universities are now charging students more than $60,000 per year.

We found these numbers by examining the average cost of tuition, fees, room, and board that an incoming student would face over the 2014-15 academic year. Check out a more in-depth breakdown of the 20 most expensive colleges here >>

While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education — students are also responsible for paying for textbooks, travel costs, and, of course, any social expenses. These "indirect costs" can often add up to an extra $2,000.

The most expensive school in the country for the upcoming school year is Harvey Mudd College, charging $64,527 — $48,694 in tuition and fees, and $15,833 for room and board.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS: college; debt; tuition

1 posted on 07/10/2014 8:23:56 AM PDT by SeekAndFind
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To: SeekAndFind

Obama actually went to two of them.


2 posted on 07/10/2014 8:25:44 AM PDT by SeekAndFind
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To: SeekAndFind

I love Bucknell - as an ancestor of mine founded it. But it ain’t worth no $60K/year. Sorry.


3 posted on 07/10/2014 8:26:57 AM PDT by FlJoePa
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To: SeekAndFind

That’s sticker price. Anyone who pays sticker price is a fool.


4 posted on 07/10/2014 8:30:04 AM PDT by henkster (Do I really need a sarc tag?)
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To: SeekAndFind

Do they publish what the average student is actually paying? The eye-popping numbers are the rack rate paid by whitey and Asians, not what groups favored on the basis of “diversity” or other desirable criteria pay out of their own pockets.


5 posted on 07/10/2014 8:36:16 AM PDT by Stingray51
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To: SeekAndFind
$250K for a degree in Medicine (or pre-med)? Maybe...but it sounds awfully steep.The same amount for a degree in “Women's Studies”? Good God Almighty!
6 posted on 07/10/2014 8:36:33 AM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: SeekAndFind
It would be cheaper to get a womens studies degree from Club Med rather than Club Ed. And they have more rounded amenities.
7 posted on 07/10/2014 8:37:31 AM PDT by Reeses
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To: SeekAndFind

Wow, we made it at #50!! HWS - Woo-hoo!

What might be a better analysis is to publish the average cost to a student when the aid is factored in. Very few kids pay this full sticker price today and to just list this as is can be pretty misleading. Make a Top 50 list out of that.

At Hobart and William Smith there is an endowment of about $200,000,000 for about 2250 total students. The interest and dividends on that are mainly slotted for aid:

http://www.collegefactual.com/colleges/hobart-william-smith-colleges/paying-for-college/financial-aid/#_=_

The average freshman got over $24,000 against that $60,000, plus 20% of freshmen got about $7,000 in federal aid.

These sticker prices really are not the best guide.


8 posted on 07/10/2014 8:38:54 AM PDT by LRoggy (Peter's Son's Business)
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To: SeekAndFind

At that price tag, it might almost be cheaper to go overseas for college. I’d think any university in Western Europe would be accepted by an American employer.


9 posted on 07/10/2014 8:44:30 AM PDT by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: SeekAndFind

College professors and administrators need to put their paychecks where their income-inequality mouths are and not take any more than the average American is paid.


10 posted on 07/10/2014 8:46:36 AM PDT by all the best
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To: SeekAndFind
Going to college is overrated. Industry is looking for experience and most college general education means very little. At the impossible expense with little or no return for jobs might be better to take an entrance paying job to get experience.
11 posted on 07/10/2014 8:48:40 AM PDT by Logical me
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To: SeekAndFind

The problem is not necessarily the high cost of college education, it is the spin that goes with it that says you cannot prosper without college education and then LENDS money to the student to buy it regardless.


12 posted on 07/10/2014 8:53:47 AM PDT by I am Richard Brandon
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To: henkster

RE: That’s sticker price. Anyone who pays sticker price is a fool.

OK, what’s the average NON-STICKER price? (including board and lodging )


13 posted on 07/10/2014 8:59:40 AM PDT by SeekAndFind
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To: FlJoePa

A small local private college I attended one year in the late 1960s charged about $350 per semester tuition then. Now, one semester tuition is about $11,750.


14 posted on 07/10/2014 9:05:22 AM PDT by TomGuy
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To: SeekAndFind

Make sure you add in ‘reproductive’ costs. About 287$ per year.


15 posted on 07/10/2014 9:11:05 AM PDT by Scrambler Bob
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To: All

It’s supply and demand. A flood of cheap federal loans causes the universities to expand costs to the point necessary to soak up all available dollars. Eliminate federal student loans, and costs will collapse.

I think a fortune could be made through on-line education. Stream lectures, have tutors in chat forums, and no physical plant costs. On-line education could probably be accomplished for a couple of thousand bucks a year.


16 posted on 07/10/2014 9:13:10 AM PDT by Gunpowder green
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To: SeekAndFind

Actual cost depends on many factors including race, ethnicity, gender, political affiliation, family ancestry, school legacy, and oh....to some small extent, grades and test scores.


17 posted on 07/10/2014 9:16:49 AM PDT by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Logical me

Attend a college that has internships and COOPs required for each major (or most of them). Attend a community college and live at home for 1-2 years. Plan on taking 6 years to finish the degree and work part time. Major in a field where there are job opportunities in that field.
There has been a surplus of history majors every year from the time I graduated with a BA degree in 1971 (economics)


18 posted on 07/10/2014 9:21:56 AM PDT by Maine Mariner
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To: Logical me

Attend a college that has internships and COOPs required for each major (or most of them). Attend a community college and live at home for 1-2 years. Plan on taking 6 years to finish the degree and work part time. Major in a field where there are job opportunities in that field.
There has been a surplus of history majors every year from the time I graduated with a BA degree in 1971 (economics)


19 posted on 07/10/2014 9:21:57 AM PDT by Maine Mariner
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To: SeekAndFind

Whatever you can negotiate through grants, scholarships, etc...

Most private colleges know their prices are outrageous. If they really want a kid, they will do what it takes to make it financially possible. In the midwest, the rule of thumb is that if the scholarship help for a private school doesn’t roughly equate to the price tag for in-state at a state school, that school doesn’t really want you.


20 posted on 07/10/2014 9:41:40 AM PDT by henkster (Do I really need a sarc tag?)
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To: SeekAndFind

The NACUBO study released last week showed the average tuition discount to be about 45 percent at private colleges.


21 posted on 07/10/2014 10:31:28 AM PDT by oincobx
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To: AnAmericanAbroad

Truth be told, if I get my business going, then I am certain that I’m going to go overseas and live in the cultural capitals of Europe. Forget about the cinder block dorm room and blowing all that money for all that drama.

The only exception I’m making is Notre Dame and that is because you can actually tailor your curriculum to meet your needs.


22 posted on 07/10/2014 10:42:35 AM PDT by CorporateStepsister (I am NOT going to force a man to make my dreams come true)
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To: TomGuy

To me a real issue is how colleges aren’t about academics with sports as a side activity, it’s now all about sports with school learning as a side activity.


23 posted on 07/10/2014 10:47:55 AM PDT by CorporateStepsister (I am NOT going to force a man to make my dreams come true)
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To: SeekAndFind

My son is a Junior at the Air Force Academy. According to academyadmissions.com the current value of an education there is $415,000. That would work out to over $100K a year.


24 posted on 07/10/2014 10:51:46 AM PDT by BulletBobCo
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To: BulletBobCo

$415K for the Air Force Academy? Since it’s the government, this is not out of line with what they pay for everything else.


25 posted on 07/10/2014 11:26:02 AM PDT by henkster (Do I really need a sarc tag?)
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To: BulletBobCo

Congrats to your son.


26 posted on 07/10/2014 11:45:49 AM PDT by ken in texas (USAFA '73)
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