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More colleges charge over $50K tuition

Oct. 28, 2011 at 8:52 PM   |   Comments

WASHINGTON, Oct. 28 (UPI) -- The number of U.S. colleges and universities that charge more than $50,000 in tuition and board in a single year increased from 100 to 123 this year, data show.

Information analyzed by the Chronicle of Higher Education shows 58 schools charged more than $50,000 for tuition, fees, room and board in the 2009-10 academic year -- up from five the previous year, CNNMoney reported Thursday.

Sarah Lawrence College is the most expensive school, charging $59,170 per year. That's followed by Landmark College at $57,330; New York University at $56,787; Columbia University School of General Studies at $56,310; and Harvey Mudd College at $56,268 to round out the top five most expensive schools.

Thirty-nine schools that charge more than $50,000 raised tuition costs by more than 4 percent, seven schools by more than 5 percent and Rose-Hulman Institute of Technology imposed the largest hike at 10.1 percent, the report said.

Public school tuition increased as well, though none charge as much as $50,000. California State University charged $9,022 for in-state tuition for the 2011-12 academic year, a 21 percent increase from the previous year.

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