In this article, we are going to discuss the top ten most expensive colleges in the world. But, first of all, we will focus that What is a college? A college is a learning place. College word is derived from a Latin word Collegiumtop, which means a group of professionals having same goals and working in a fully trusted environment. The usage of the word college may vary in different countries. As, in the United States and Italy part of most expensive universities is considered as college. In Asia, it means high and secondary school. Higher education and secondary education schools are named after colleges in some countries.
In the Victoria States, High schools are named after colleges. Colleges are just for education bachelor level. These are not for master level study. People have to join universities for their further education. Because universities offer them the best learning environment, place, and other related facilities. In Australia, high schools were referred as colleges in 1990’s. As colleges are best for the studies below the master level. That is why at the end of 1980’s in Australia many colleges were as a part of universities. In the next, there is a list of top ten most expensive colleges of the World:
List of Top Ten Most Expensive Colleges In The World 2016 Ranking
10. Sarah Lawrence College
It is a private liberal art college in the United States. High academic standards are the reason of its good recognition. It is the most expensive college in the world. It’s afforded by only high class and mega rich people. With the facilities of board and room, its annual cost is $65,480. While without these facilities, $50,780 is the per annul cost. Annual increment in tuition fee is about 4.3%. In National liberal arts colleges list it is ranked 57th number. This ranking is done by U.S News and World Report and by Forbes ranking of top 100 American colleges. It provides education both in degree tracks and continuing education plan.
9. Harvey Mudd College
In 1955, a private residential liberal arts college was founded named as Harvey Mudd College. It is added in the list of most expensive colleges. Students of this college are very intelligent and belongs to very upper-level families. With the room and board facilities, it costs $62,548 per annum. Whereas without these facilities its annual cost is $48,253. It is the only tuition fee. The per year increment in this tuition fee is approximately 4%. In 2014, money magazine ranked this college on 7th among 1500 schools in the best college ranking.
8. Columbia College
In Columbia University situated in New York, the oldest undergraduate college is named as Columbia College. It is enlisted in most expensive colleges list on the 3rd number. Its annual cost is $60,450 with the board and room facilities. Without room and board facilities, the only annual tuition fee is $51,008. Annually, 3.4% is the increase in tuition fee. This college is famous for its comprehensive core curriculum. This college is very selective in its admissions and students having high intelligence get the admission. It is the oldest college of superior learning in New York and 5th oldest in the United States.
7. New York University
It is private, nonsectarian American research university located in New York. In 1831, American higher education created this university. This is the largest nonprofit institutions of America. The high level of talent and intelligence is the criteria for admission in this. That is why, it is very expensive to afford. Its annual cost is $62,930 including board and room facilities. By excluding these facilities, the only tuition fee is $46,148 per year. To study at this university is considered as the best and most expensive.
6. University of Chicago
This is a private research university in Chicago, established in 1890. It is ranked in 5th on the list of most expensive learning institutes. Students from high-class families can afford to study in this institute. Students with a high level of intelligence can study there. Its annual cost is $62,458 with room and board facilities. While without these facilities it costs $48,253 per year. Its annual increment in tuition fee is 4%. This university has an outstanding alumni, 89 Nobel prize winners.
5. Claremont Mckenna College
It is an independent, co-educational and private liberal arts college in America. Its main focus is economics, Govt, and public affairs. It is the member of Claremont Colleges, California. Claremont colleges are the American consortium consist of five undergraduate and two graduate schools of higher education situated in California. It is considered as 6th most expensive learning institute. Including room and board facilities, its annual cost is $62,215. While only tuition fee is $47,395. Which is without the room and board facilities. 3.9% per year increases the fee.
4. Bard College
It is a private liberal arts college in Annandale-on-Hudson, founded in 1860. This is considered as 7th most expensive college in the world. Only highly intelligent and highly talented students can get admission in this college. The annual fee of studying at this college is $62,012. It is charged when students have the facilities of room and board too. Whereas the only annual tuition fee is $48,240. 4% per year increases this tuition fee. As well as the education in the arts this college also offers eight graduate programs and over 20 graduate degrees in the sciences. But it is very expensive to study in this institute.
3. Scripps College
It is a private arts liberal women’s college located in California, United States. It was founded in 1926. It is one of the Claremont Colleges with an enrollment of 950 students. It is considered very expensive in this college. Its annual fee is $61,940 including room and board facilities. While excluding these facilities, its annual charges are $47,378. The tuition fee is increased by 4% every year. In 2015, it is ranked as the 3rd best women’s college in the category of best liberal arts colleges in the nation. This ranking is done by US News & World Report.
2. Dartmouth College
It is a single Ivy League research university in the United States. It is considered as very expensive to study. It costs $61,927 per annum to study in this institute. This fee is charged when students carry education with room and board facilities. Without these facilities, the annual tuition fee is $48,108. This tuition fee is increased by 3.9% every year. It is out of the reach of many people. Only high-class students can afford this.
1. Olin College of Engineering
It is a private undergraduate engineering college situated in Massachusetts. F. W. Olin Foundation funds it. It is listed at 10th in top ten expensive colleges in the World. It is considered as very expensive to study in this institute. Its annual charges including room and boarding fee are $61,881. While excluding these room and boarding facilities, it costs $46,681 per year. The tuition fee is incremented by 9.8% annually. The half tuition fee scholarship is currently awarded to each student.
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