Studyaround: There Are Now 50 Colleges That Charge More Than $60,000 Per Year

Thursday, 10 July 2014

There Are Now 50 Colleges That Charge More Than $60,000 Per Year

New York University NYU Students Graduation Commencement

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.

Last year, only nine colleges charged more than $ 60,000. New York University — then the most expensive school — cost $ 61,977.

Here are the 50 colleges and university that now charge more than $ 60,000 a year:

Colleges 60K List Graphic