Business The High Cost of Education: Which Educational Institutions Typically Cost the Most to Attend? Uneeb KhanSeptember 26, 20220117 views Which Educational Institutions Typically Cost the Most to Attend To receive the best education, you don’t necessarily have to go to the most expensive schools in the country—but you may need to earn an advanced degree or pay out-of-state tuition if you want to attend any of these institutions at all. If you’re worried about cost, or if you’re just curious, check out this list of the top 10 colleges that cost the most to attend. Even if your school isn’t on this list, it’s always worth considering what your college costs will be, especially which educational institutions typically cost the most to attend. Table of Contents Why Average Costs Aren’t Always ReliableThe Average Costs by State and Institution Type10 Colleges That Are Exorbitantly ExpensiveHow Do I Know if My Dream School is Too Expensive?What Should I Consider When Comparing Tuition Costs?Looking For Affordable Colleges in America? Here Are Some Tips!Is A Higher Education Really Worth it, In the Long Run?Online College Degree Programs – Are They Worth It? Why Average Costs Aren’t Always Reliable Many people use average cost of attendance as a benchmark for deciding what college or university to attend. However, when considering factors such as financial aid, you might be surprised to learn that there are institutions with higher than average costs but offer more scholarships than others. You could also save on student loans by applying for scholarships and/or work-study programs. By crunching some numbers and thinking through your educational options carefully, you may be able to avoid taking out thousands in student loans if you can choose an institution with lower rates. The Average Costs by State and Institution Type In-state tuition prices for public institutions ranged from an average of $6,485 in Nevada to a high of $15,348 in New Hampshire. Private institution costs ranged from a low of $4,170 at Brigham Young University-Idaho in Idaho to a high of $30,220 at Georgetown University in Washington D.C. Tuition is only one component when considering the total cost associated with attending college; students will also have to factor in other costs like food and housing which can vary greatly by state. 10 Colleges That Are Exorbitantly Expensive Harvey Mudd College – $93,350Columbia University – $92,000Harvard University – $91,900Princeton University – $91,580Stanford University – $89,600 California Institute of Technology – $87,000Massachusetts Institute of Technology – $82,900Amherst College (Massachusetts) -$81,830Barnard College (New York) -$80 ,680 How Do I Know if My Dream School is Too Expensive? Figuring out if your dream school is too expensive isn’t easy, and there’s no one perfect answer. It’s best to do your research before you start investigating how much college will cost. Typically, as colleges become more competitive and selective, they also tend to be more expensive. What Should I Consider When Comparing Tuition Costs? What should you consider when comparing tuition costs? Comparing tuition costs is a challenging endeavor, given that there are so many variables to account for. Some questions you may want to ask before making a final decision on which school is right for you include: Is it possible for me to attend one or more years at a less expensive university or do I need a four-year degree from an expensive institution as soon as possible? Looking For Affordable Colleges in America? Here Are Some Tips! So how can you find affordable colleges in your state or across the country? Below are some tips for narrowing down your list and getting started on your search. First, understand what will be considered an affordable price range. Tuition prices at private universities can run from $8,000-$35,000 per year for undergraduate students, but tuition rates at public universities can range anywhere from $5,500-$9,500 per year. Some schools offer a financial aid package with much lower costs than that. Take out scholarships and grants into consideration when you’re looking at prices because they help reduce both sticker price and out-of-pocket costs. Is A Higher Education Really Worth it, In the Long Run? Higher education is not an investment that always pays off, at least not in the traditional sense. For many it may serve as a gateway to finding their dream job or making more money. Other times, they may feel they have just wasted time and money learning things they already knew before starting school. What if you could avoid these risks by figuring out which colleges are worth attending and which are not? The College Scorecard provides information on US colleges and universities including median earnings 10 years after entering college. What you can learn from this report is where your college investment may pay off in the long run. Online College Degree Programs – Are They Worth It? Online colleges are an excellent choice for many students. They save people from long commutes, expensive dorms, and heavy course loads. Plus, online degrees are perfect for students who already have a demanding career outside of their studies because you can take classes at your own pace. There are also plenty of benefits like saving on books, papers, gas money and time not spent in traffic every day. As far as drawbacks go, one that seems especially troubling is whether or not they offer any real degree value. Can you really say you graduated from college if all your classes were taken on the internet? This concern may stem from a lack of understanding about what an online college really is and how it differs from traditional college life.