The Ivy Coach Daily
May 14, 2016
Ivy League Tuition
Some parents have written in over the past few days asking if we could share information on Ivy League tuition costs. Sure thing. What always strikes us is that parents almost always err on the side of underestimating the costs of Ivy League tuition. It’s rarely the opposite. And while seven of the eight Ivy League colleges announce their tuitions annually around these months (ahem, Columbia University), it can be interesting to examine all of the tuition costs in one place. Ok, maybe interesting is the wrong word. Informative.
For the 2016-2017 academic year, Brown University’s all-in figure is $64,566. This Brown figure is comprised of $50,224 in tuition, $1,142 in fees, $8,284 in room, and $4,916 in board. Columbia University hasn’t yet announced it’s 2016-2017 tuition but we have the 2015-2016 Columbia tuition to the school can at least get a mention. The total tuition for Columbia for 2015-2016 was $66,383. This figure was comprised of $53,523 in tuition and fees as well as $12,860 in room and board. Hey, it’s expensive to go to school in New York City.
Ivy Coach salutes Princeton University for winning the lowest tuition cost sweepstakes among the Ancient Eight schools for yet another year in a row.
The tuition for 2016-2017 at Cornell University will be $64,853. That figure is comprised of $50,953 in tuition and student activity costs, $8,274 in housing, and $5,626 in dining. At Dartmouth College, tuition for 2016-2017 will be $66,174. That figure is comprised of $49,998 in tuition, $1,440 in fees, $8,886 in housing, and $5,850 in food. At Harvard College, tuition for 2016-2017 will be $63,025 ($43,280 in tuition, $3,794 in fees, $9,894 in room, and $6,057 in board). Harvard estimates that students will also spend about $3,875 in personal expenses (e.g., textbook purchases). Those textbooks are expensive!
At Princeton University, tuition for 2016-2017 will be $61,105 ($45,320 in tuition, $8,335 in room, $6,435 in board, and $1,015 in fees). At the University of Pennsylvania, tuition will be $66,000 for 2016-2017 ($51,464 in tuition and fees, $9,450 in housing, and $5,086 in dining). And at Yale University, the 2016-2017 cost will be $64,650 ($49,480 in tuition and fees, $8,520 in room, and $6,650 in board).
Notice a trend? Yes, Ivy League tuition goes up each and every year just like the earth circles around the sun. And tuition sure does go up at an exponential rate as compared to inflation. While Columbia’s tuition hasn’t yet been released, unless they buck a longstanding trend of tuition hikes, Columbia will once again claim this crown. And that makes sense because Columbia is located in Manhattan, which is a whole lot different than Providence, Rhode Island and Hanover, New Hampshire.
But we at Ivy Coach would like to give Princeton University a special shout out for being the Ivy League college with the lowest tuition for yet another year in a row. In fact, we’ve lost track of this streak because it’s been all Tigers all the time for so long now. Go Tigers.
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