7 most expensive US colleges
These private institutions of learning cost more to attend for a single year than many families earn in that time. Here's where sticker prices are the highest.
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As an alum, I was suprised to see Northwestern on the list. I knew it was pricey, but I can tell you that I did not pay anywhere close to that amount. My financial aid package made Northwestern more affordable than in-state tuition at Wisconsin-Madison. Not just student loans either. It was a package of grants, some loans, summer earnings, and work study. My blue collar parents did not go into debt to send me there and I graduated with very modest student loan debt. In all, it was an incredible value for me.
Work very hard, get excellent grades, be employable, and then Northwestern, even with this price tag, is a value.
Back when I was a kid from a poor family in Baltimore commuting to a local college (UMBC) in 1973 and got a $9900/year (which would be $47,000 today) scholarship and a $325/month (about $1500//month today for 9 months/year) tax-free teaching assistantship to IIT (Illinois Institute of Technology) in Chicago, my mother nearly went into shock. She kept looking at the award letter, repeating over and over, "What's the catch?"
Of course, the catch was that IIT didn't have to hire and provide benefits for full time lab teachers: I taught two 4-hour chemistry lab courses per week. And the chemistry department made use of us scholarship grad students in cleaning out old cabinets, neutralizing or properly disposing of old chemicals, taking visiting Nobel Prize Winners out to dinner, etc.
And, of course, it was a win-win situation. I got to go away to a good college and that $325/month more than paid for my dorm fees and other expenses. I see now that IIT's tuition is only a little over $20,000 now, but the principal is still the same: good school's are best attended as grad students.
didn't see them here, but yale and princeton are pretty well known for giving students a good deal on tuition. if they have the grades, of course. yale is one of the few schools i know of that have totally 'blind admissions' in regards to a students' financial situation.
a lot of private schools weigh in a students ability to pay for their education in the admissions process.
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