A Look at 11 of the Most Expensive Colleges in the World
11. University of Melbourne, Melbourne, Australia
33rd in the globe, the University of Melbourne was founded in 1853 and is well-known for its excellent research and teaching programs. In the 1970s, research at the institution resulted in a cochlear implant, also known as a bionic ear, which has given more than 200,000 patients worldwide hearing. The University of Melbourne’s Bachelor of Arts curriculum is not affordable. Parents of international students should budget $24,496 for tuition and another $19,532 for room and board in residential housing for the first term.
10. Cambridge University, Cambridge, England, United Kingdom
The University of Cambridge’s records date back to 1209, when the location was a historic Roman trading center, making it the country’s second oldest university. Cambridge presently has 21,000 students, with over 1,300 from 65 different countries. As an international student, degrees in engineering, psychology, and natural and behavioral sciences are expensive. The tuition for the bachelor programs indicated above is $31,000. Parents will pay nearly $49,000 to send their child to Cambridge University, with fees for domestic and pastoral services estimated at $7,980 and living expenditures projected at $11,755.
9. Sarah Lawrence College in Bronxville, New York, USA
Sarah Lawrence College would be missing from a ranking of the world’s most costly universities. This well-known private liberal arts college is noted for its diverse student body, with students coming from 53 different countries for the education it provides. Students from the United States and overseas are drawn to the teacher/student ratio and tailored programmes of study. Many people may find the cost of attending Sarah Lawrence exorbitant, but a degree from this elite college can open many avenues for graduates. Sarah Lawrence graduates include Vera Wang, Jullianna Margulies, and Rahm Emanuel. Undergraduate students taking 30 credits will pay $51,196 in tuition. An additional $880 will be charged as a general fee. A $224 student activities fee and a $250 health services fee. A sleeping room will set you back $9,640. Unless a waiver is signed, a $3,035 health plan is required. All of this comes to $65,225, not counting the meal plan. The cost of meals varies depending on the plan selected. Parents can pay as much as $2,598 per semester for 19 meals per week, or as little as $610 per semester for 16 meals and 375 units of Meal-Money.
8. Massachusetts Institute of Technology (MIT), Boston, Massachusetts, USA
An undergraduate at the Massachusetts Institute of Technology (MIT) makes more than $80,000 on average. MIT graduates land jobs at cutting-edge companies such as Google, Apple, and Boeing. More than half of all graduates begin working immediately after graduation. MIT’s School of Engineering and outstanding research fields help it rank seventh on the list of best universities to attend. However, the institution only accepted 8% of its applicants for the 2017 term. Tuition and fees for students who make it are little more than $48,452, which isn’t too awful when compared to comparable universities. However, when lodging and board, books, and other supplies are factored in, parents will pay around $65,478.
7. California Institute of Technology, Pasadena, California, USA
NASA’s jet propulsion facility is housed on the campus of the California Institute of Technology (CalTech). CalTech is a member of the National Network of Observatories. The university’s geophysical research, as well as its seismic studies and mineral physics research, is world famous. The fact that CalTech is located in sunny California is the most crucial feature. Day visits to the beach and shopping on Rodeo Drive in Hollywood are available for students. The cost of education in such a gorgeous setting remains comparable to other top-ranked universities. The tuition portion of the bill is expected to be $45,846. Campus fees are $1,731. Plan on spending at least $900 every term on meals. Add $1,323 to cover books and other supplies. Miscellaneous costs can add up to $1,974. The cost of room and board will be around $14,000. This brings the total to $65,874. However, there is more: A $500 one-time orientation charge is required of all incoming students. CalTech will charge $824 every insurance term for a total of $2,472 if your student is not covered. Insurance is required.
6. Hungary’s Universities
Parents of students pursuing a bachelor’s degree in college should expect to spend 92% of their annual income on tuition and living expenses. For a four-year bachelor’s program, the average cost of higher education in Hungary is $34,200. Tuition-free courses are available to Hungary residents and some international students. Residents, on the other hand, must stay in the country for ten years and work in their chosen field, or pay back all tuition and expenses. The general public believes that working in the country is the only way to recoup part of the costs of higher education while also stimulating the economy.
5. Queen’s University in Kingston, Ontario, Canada
Queens University was founded in 1841 by Queen Victoria’s Royal Charter, making it one of Canada’s oldest universities. International students account for 10% of the student body, adding diversity to the school. The institution focuses on research projects that span multiple sectors, such as mental health and globalization studies. International students starting at Queens University will pay $35,505 in tuition for the first semester. Add $19,000 for class materials, lodging and board, health insurance, and other costs for a total of somewhat more than $54,000 every term.
4. Oxford University , United Kingdom
Oxford Institution’s education stretches back to 1096, making it the world’s oldest English-speaking university. The medieval institution, famed for research sciences, continues to be one of the world’s most elite institutes of higher learning and the most expensive to attend in the United Kingdom. Incoming resident students will pay $9,250 ($11,363) in tuition and living expenditures ranging from £9,021 to £13,237 ($11,082 – $16,261). International students pay £15,000 to £23,000 ($18,451 to $28,291), bringing their first-term total to $52,997. Only residents are eligible for financial aid. With tuition expenses anticipated to rise further, projecting a four-year total is not only impossible, but also discouraging.
3. Bond University, Queensland, Australia
Bond University fast tracks undergraduates through their field of study, allowing them to graduate one year quicker than students at other universities. Bond University knows students want to change the world and they want the weapon of knowledge immediately. The accelerated programs are designed to lower the costs of lodging and board as well as other expenses. Students also start their professions one year earlier, giving them an advantage over their four-year college peers. International students at Bond University will pay around $125,000 (172,942 AUD) in tuition for their whole bachelor degree program, or more than $30,000 (41,496 AUD) every term. Another $300 (415 AUD) out-of-pocket price is for books and other course materials. Another $300 per month for rent and utilities, regardless of whether you live on or off campus. Add the cost of daily meals, laundry, and other other expenses, which is expected to be $26,000 (35,945 AUD), and you get $56,000 each term.
2. Columbia University
The university, which is the oldest in New York, just celebrated its 250th anniversary. Undergraduates studying medicine, physics, law, business, or any of the other possible fields will depart Columbia University confident in their educational weaponry. They will also see the cost of graduating from such a prestigious university climb year after year. Students enrolled in General Studies for the 2017 term will pay approximately $27,764 in tuition alone. When other costs such as accommodation and board, maintenance, health services, and student activities are included in, the total cost for a student’s first term is around $71,690.
1. Harvey Mudd College
The list is topped by Harvey Mudd College in Claremont, California. The cost of attending this prestigious private college is expected to exceed $324,681 for a four-year degree, or more than $60,000 per term, as costs grow in the second half of 2017 and in the future. For the 2017 winter term, parents should anticipate to pay $52,383 in tuition. Add $9,202 for a double room; $7,842 for a food plan with 16 meals; $800 for books and other class materials; and $1,683 for the student body fee and other living expenses on top of tuition. The first term of a student’s education will cost roughly $71,910. Last year, only 13% of applicants were accepted, resulting in a total enrollment of little over 800 students. This award-winning liberal arts college may cost more than most people’s dream home, but alumni join the workforce knowing Harvey Mudd College gave them the Excalibur of education.