What Are The Most Expensive Colleges In 2024?
Everybody knows Harvard and Yale, but are they the most expensive colleges in 2024? Our top five list might surprise you — the most expensive colleges aren't necessarily the most media-famous.
With that in mind, let's identify and discuss the most expensive colleges in 2024.
5 Most Expensive Colleges in 2024
The cost of attending college has increased significantly over the past 40 years. According to Forbes, college costs have increased by 180% since 1980. This means that attending college is more expensive than ever. Let's explore the most expensive colleges in 2024 in more depth.
1. Harvey Mudd College
Claremont, California, USA
Harvey Mudd College is the world's most expensive college, with an annual tuition fee of a whopping $80,036. Situated in Claremont, California, it's a private liberal arts college well-known for its focus on engineering, math, science, and computer science.
Founded in 1955, it has roughly 900 undergraduate students and 90 faculty members. It's named after Harvey Seeley Mudd, a businessman and engineer who founded the Claremont Colleges consortium alongside a few others.
The most notable alums are:
- Henry Eyring, chemist
- Michael O. Rabin, a computer scientist who won a Turing Award
- Gordon Moore, Intel Corporation co-founder
2. Kenyon College
Gambier, Ohio, USA
Also, as a private liberal arts college, Kenyon College is the second most expensive, with an annual tuition cost of $71,196. Founded in 1824, it's consistently ranked highly on lists of the country's best liberal arts colleges.
It has a few more undergraduate students than Harvey Mudd College, at 1,885, and offers an impressive 50 majors, some of which include economics, history, sociology, Spanish language and literature, and environmental studies.
The most notable alums are:
- Paul Newman, actor
- Robert Lowell, poet
- William Gass, novelist
- Rutherford B. Hayes, 19th president of the United States
3. Columbia University
New York City, New York, USA
As a private Ivy League research university, it's unsurprising that Columbia University is the world's third most expensive college. It's one of the country's oldest and most prestigious, boasting roughly 33,000 students and 4,000 faculty members.
Founded in 1754 as King's College, it was one of the nine colonial colleges created before the American Revolution and offered journalism, law, medicine, and architecture courses.
Most notable alums include:
- Barack Obama, 44th president of the United States
- Warren Buffet, billionaire investor and philanthropist
4. Franklin & Marshall College
Lancaster, Pennsylvania, USA
Franklin & Marshall College is one of the country's oldest colleges. It was founded in 1787, thanks to a financial donation from Benjamin Franklin. It's an undergraduate liberal arts college with a yearly tuition fee of $70,566 and a relatively small student population 2,400. However, it has 60 fields of study, including economics, behavioral sciences, public health, and biology.
Most notable alums include:
- Mary Schapiro, 29th Chair of the US SEC
- Wanda Austin, former president and CEO of The Aerospace Corporation
- Skyler White, fantasy and sci-fi novelist
5. Brown University
Providence, Rhode Island, USA
Brown University, another private Ivy League research university, charges an annual tuition fee of $70,425. It is famous for its flexible curriculum, allowing students to create their own courses. Currently, it has about 10,000 students and 700 faculty members.
Most notable alums include:
- Emma Watson, activist and actress
- Janet Yellen, former Chair of the Federal Reserve
- John F. Kennedy Jr., son of President John F. Kennedy and magazine publisher
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You now know the five most expensive colleges in 2024. However, even those enrolled need a bit of financial help occasionally. After all, nobody can predict the future.
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Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.