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Tell me what a 4-year education at the most expensive college

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Flaxbee Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:27 PM
Original message
Tell me what a 4-year education at the most expensive college
in the country costs - two figures: tuition (including books, etc.) and then living expenses (dorm and/or apartment - is there an average figure or percentage of tuition that would represent living costs?).

I'm proposing a full-paid scholarship contest, and need to know what the ballpark figures are...

Thank you for the info!
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philosophie_en_rose Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:29 PM
Response to Original message
1. Most expensive - probably more than $60,000 per year.
Living costs will vary a lot from region to region.
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NJ Democrats Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:29 PM
Response to Original message
2. I think Princeton is $45,000 a year, or in that range.
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Flaxbee Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:38 PM
Response to Original message
3. holy crap! Well --
this is the deal: pitching a scholarship contest, and I'd like to have four winners divide $500,000, so a $125K scholarship each... but that sounds like it'd barely make a dent in tuition ... what's the point of giving a kid money for two years if s/he couldn't finish college w/o financial aid?

Would it be better to have two winners divide the $500K? I wanted a regional contest - north, south, east and west...
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Briarius Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:42 PM
Response to Reply #3
4. 125k would cover most places
and it would be better in my opinion to help 4 most of the way rather than have way more than enough for only two.
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DS1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:43 PM
Response to Original message
5. Why not send more people to less outrageous colleges
and stop feeding the machine of big money schools ;-)
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Flaxbee Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 08:50 PM
Response to Reply #5
6. yeah, no kidding... I got my undergrad and grad educations at
UC schools, which was a relief to my parents and to me. But, the kids who win get to go wherever they like, provided it's a strong science/math school. If s/he has $50K left over afterwards, it's a bonus!
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freethought Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:38 PM
Response to Original message
7. Just did a search, most expensive college
is Landmark College in Vermont. A little over $35K. But this is last years data. I remember it used to be MIT, Wharton, and Williams. Not at the same time, of course.
List looked like this
Landmark College Putney, Vermont $35,300 2.9%
Sarah Lawrence College Bronxville, N.Y. $30,824 5.0%
Kenyon College Gambier, Ohio $30,330 5.6%
Trinity College Hartford, Conn. $30,230 5.7%
Hamilton College Clinton, N.Y. $30,200 5.0%
Bowdoin College Brunswick, Maine $30,120 5.0%
Brown University Providence, R.I. $30,078 5.6%
Wesleyan University Middletown, Conn. $29,998 5.9%
Colgate University Hamilton, N.Y. $29,940 5.6%
Brandeis University Waltham, Mass. $29,875 6.1%

All of them smaller schools. Your big ivy leagues have these huge endowments that offset the cost of tuition. As I understand it Harvard has its own investment wing and is consistently able to out perform the equities markets.
Nice to have money!
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Flaxbee Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:50 PM
Response to Reply #7
11. thanks for the list... so, a $125K scholarship would
take a big dent outta tuition...
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supernova Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:40 PM
Response to Original message
8. Most expensive used to be Brown
I don't know if that still true or not. I think it was in the 50Ks at one point.
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freethought Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 10:12 PM
Response to Reply #8
13. The "Most Expensive" college title has jumped around.
I remember for the longest time it seemed to be MIT. Not surprising really.
Considering MIT is an engineering/science school. That takes alot of resources.
I know one family. They have three boys, two in college (one a freshman), and another still to go. One boy is in his second of third year at MIT, the other is at Cornell. How'd you like to see those semester bills!!

:scared: :scared: :scared:
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Robb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:42 PM
Response to Original message
9. $641,595
Because education ain't s**t without a fine-ass riiiiiiiide :D
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:42 PM
Response to Original message
10. Even in a state college...
you are looking at $10,000 semester, maybe more, per semester.
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Nikia Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 09:57 PM
Response to Original message
12. My alma mater is up to almost $35,000/year
That is the fee that includes a double room (with a roommate) and full board. That is what freshman pay. You can go with a lesser meal plan after that, but most upper classmen want to get a single room so the two changes sort of cancel each other out. You are required to live on campus for four years, but you wouldn't really save much money getting an apartment anyway unless you were splitting the cost with romm mates. The cost of books is estimated at $500 per year, but you usually can get them cheaper if you are smart.
I know that this is not the most expensive college. I think that it is slightly above average for 4 year private colleges.
There are scholarships for academic achievement ranging from $2500-$10,000 so a student getting your planned $125,000 might be able to have everything paid for with that and your scholarship.
Unfortunately, I see tuition going up in the near future. For example, when I started college 10 years ago, the cost was only $24,000 per year. I think that is a rather large increase.
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trackfan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-12-06 11:19 PM
Response to Original message
14. I am amazed at how expensive college is!
When I went to UCLA it cost $393/year. With books and parking, about $5-600/year.
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