Many Americans are willing to pay large amounts or go deep into debt for a college education. Statistics show that college-educated adults earn a much higher income than high school graduates throughout their lives.
A college degree provides numerous intangible benefits, such as newly discovered responsibility, independence, and friendships. However, while college is a sensible decision for many kids, it is equally important to examine the cost and potential benefits of attending a more expensive school.
Are the most expensive schools in the U.S. giving their students the most for their money? Using data from the National Center for Education Statistics,
Many of these expensive universities appear to provide an advantage to their graduates. Graduates from 26 of these universities earn more excellent median pay than graduates from any other university in the state. For some private schools, the disparity is enormous. Duke University (North Carolina) and the University of Notre Dame (Indiana),
Case Western Reserve University (Ohio), Stevens Institute of Technology (New Jersey), and Vanderbilt University (Tennessee) earn 96 percent, 86 percent, 74%, 69%, and 69% more than the state’s median income, respectively.
Alternatively, the most expensive school in Kentucky, Virginia, Michigan and Utah might not offer as good a return on investment, as graduates make considerably less than their counterparts from other schools in the state.
The most expensive school in each state varies significantly in dollar amount, ranging from $5,674 in Alaska to $53,000 in New York. If you are considering more costly colleges, consider how their graduates fare. It may help you identify the best school for you.
The most expensive school in each state varies significantly in dollar amount, ranging from $5,674 in Alaska to $53,000 in New York. If you are considering more costly colleges, consider how their graduates fare — it may help you identify the best school for you.
The Most Expensive Colleges In America
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