Dear Subscriber -
I spend a lot of time in these emails about how you should be
swayed by high “sticker prices” of college, because they
do not indicate the true “net cost.”
But even I was taken aback by some of these figures. Check
out this list of the 25 most expensive colleges in the country,
factoring in tuition, fees and room and board:
Most Expensive Colleges 2011-2012
1. Sarah Lawrence College $59,170
2. New York University $56,787
3. Columbia University $56,310
4. Harvey Mudd College $55,998
5. Eugene Lang College
(The New School) $55,890
6. Claremont McKenna $55,865
7. Wesleyan University $55,706
8. Bard College $55,617
9. Barnard College $55,566
10. Trinity College (CT) $55,450
11. University of Chicago $55,416
12. USC $55,384
13. Dartmouth College $55,365
14. Drexel University $55,335
15. Bates College $55,300
16. Johns Hopkins University $55,242
17. Vassar College $55,135
18. Bard College at
Simon’s Rock $55,110
19. Haverford College $55,050
20. Pitzer College $54,988
21. Fordham University –
Lincoln Center $54,972
22. Connecticut College $54,970
23. Bennington College $54,960
24. Occidental College $54,950
25. Carnegie Mellon $54,922
Source: Campus Grotto
Comments:
I bet you could have guessed two out of the top three
colleges on this list – but it’s unlikely you would have
come up with Sarah Lawrence if you had a gun to
your head.
Surprised who’s NOT on this list? Harvard, Yale, Princeton?
Amherst, Williams? Stanford? This list doesn’t correlate
with the most prestigious colleges.
Can someone please explain why Bennington and Bates,
in remote, upper New England states, cost practically the
same as colleges in New York City?
Would you cough up 55 G’s to attend Bard College OR
Bard College at Simon’s Rock. They’re great schools, but 55K?
And where the hell is Simon’s Rock, anyway? (I’m kidding about
that one, but did YOU know? Be honest.)
Most, but not all, of the colleges on this list are very generous
with tuition discounting. Sarah Lawrence meets 91% of financial
need, according to the College Board. NYU is particularly stingy
at 69% of need met, despite their huge endowment.
Like I said, there’s a big difference between “Sticker” and “True”
price. Check out an upcoming workshop if you want the
scuttlebutt on how to pay “Wholesale” for college.
www.LockwoodCollegeFunding.com
Your Correspondent,
- Andy Lockwood






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