Wednesday, January 31, 2007

America's Most Expensive College

That somewhat dubious distinction goes to local George Washington University. According to The Chronicle of Higher Education and as reported in Forbes magazine, GW has the highest tuition of any college in America. Incoming undergrads can not only expect to learn in the heart of the nation's capital, but they (or, more likely, their parents) can expect to pay a very, very pretty penny to do so. The financial snap shot isn't pretty:

George Washington UniversityWashington, D.C.2006-07
Tuition: $37,820
One-year increase: 4%
Seven-year increase: 58%

The number two school on the list, the University of Richmond, is about a grand less then GW. Also, that's the flat tuition rate and does not include room and board. Which, according to the rates on the web site, can add an additional $8,000-$11,000 to the bill. Now, we're sure GW is a great school, but that's pushing $50,000 a year so your kid can get drunk, pass out and skip class the next day. And, as those of us still paying off our student loans can attest to, you can all that for much cheaper. What do you think? Is GW worth the money? (as posted on dcist)
Wow. Golfclaps to CNevs who attended both University of Richmond AND George Washington University. That won't put you in the hole or anything (I'm here if you need support of the non-monetary kind).

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At 3:45 PM, Blogger Colleen said...

Thanks for the shout out...i feel like the poster child for student loan debt.. :)


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