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Learning Aint Cheap: The Nations Least Affordable Colleges

John Belushi college

It costs HOW much for a higher education?!

College doesn’t have to cost an arm, a leg and a second mortgage — there are affordable schools to be found.

But you don’t have to look too far to spend a lot on a higher education. Like, a lot a lot.

The Department of Education is ranking American colleges and universities by affordability for the first time ever using a new interactive tool based on published tuition prices and each school’s “net price,” which is the average cost after tuition, room and board, book fees and financial aid are taken into consideration.

The College Affordability and Transparency Center exists as a result of mandated education reforms passed by Congress in 2008.

Here’s a list of the 10 least affordable schools in the United States with enrollments of 5,000 students or more as they ranked by the “net price” in the 2008-2009 academic years:

  • The New School 1 of 10
    The New School
    Net price: $39,004 • Undergrad enrollment: 6,706 • Freshmen with financial aid: 85% • Location: New York, N.Y.
  • Santa Clara University 2 of 10
    Santa Clara University
    Net price: $35,245 • Undergrad enrollment: 5,200 • Freshmen with financial aid: 84% • Location: Santa Clara, Calif.
  • St. Joseph’s University 3 of 10
    St. Joseph's University
    Net price: $34,548 • Undergrad enrollment: 5,403 • Freshmen with financial aid: 92% • Location: Philadelphia, Pa.
  • New York University 4 of 10
    New York University
    Net price: $34,011 • Undergrad enrollment: 21,638 • Freshmen with financial aid: 64% • Location: New York, N.Y.
  • Northeastern University 5 of 10
    Northeastern University
    Net price: $32,703 • Undergrad enrollment: 18,782 • Freshmen with financial aid: 86% • Location: Boston, Mass.
  • Fordham University 6 of 10
    Fordham University
    Net price: $35,257 • Undergrad enrollment: 7,950 • Freshmen with financial aid: 94% • Location: New York, N.Y.
  • Drexel University 7 of 10
    Drexel University
    Net price: $31,832 • Undergrad enrollment: 13,484 • Freshmen with financial aid: 99% • Location: Philadelphia, Pa.
  • University of Hartford 8 of 10
    University of Hartford
    Net price: $31,547 • Undergrad enrollment: 5,516 • Freshmen with financial aid: 82% • Location: West Hartford, Conn.
  • St. Louis University 9 of 10
    St. Louis University
    Net price: $31,255 • Undergrad enrollment: 11,159 • Freshmen with financial aid: 91% • Location: St. Louis, Mo.
  • University of Denver 10 of 10
    University of Denver
    Net price: $31,044 • Undergrad enrollment: 5,343 • Freshmen with financial aid: 81% • Location: Denver, Colo.


Source: CNN

Images: Wikipedia

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