Curious to see how much the ranking would change, we took our list of the 100 most expensive schools and found the average need-based grant given at each school as listed at the College Board. This data was then applied to the total cost of each school in an effort to find the net price: the cost after scholarships and grants are deducted.
Just because a college is listed among the most expensive colleges, doesn’t mean a student will be paying that amount. As mentioned in the ranking, they are sticker prices. As you will see below, many colleges provide substantial grants that greatly reduce the cost of attending. (Though, about one-third of full-time students do pay the full published tuition price with no grant assistance. Source: College Board)
To find the net price we apply the average need-based grant. Remember, the amount each student receives will vary per student. Use net price calculators, required on every college website as of October 29th, to best determine what you will actually be paying.
The main idea here is some colleges aren't as expensive as you would think. Take Harvard for example. While it sounds expensive, the net price at the school is very reasonable: the average grant covers 79% of the total cost, putting Harvard at a more affordable cost of just over $11,000 per year. Not bad for a college regarded as one of the nation's best.
Harvard: More affordable than you think.
Sarah Lawrence College, the nation's most expensive (by sticker price), barely makes the top 25 when adjusting the ranking by net price.
While Columbia University is depicted as an expensive school being listed at #3 on the most recent ranking, the average grant drops the net price considerably (85 spots in the ranking, the biggest downward move on the list).
Here are the 10 most expensive colleges by net price for 2011-2012.
1. Drexel University
2. American University
3. Bard College at Simon's Rock
4. Fordham University - Lincoln Center
5. Fordham University - Rose Hill
6. New York University
7. Stevens Institute of Technology
8. Loyola University Maryland
9. Olin College of Engineering
10. The New School
How the Top 100 Fare in Net Price
Net price for each school after the average grant is applied to the total cost of attendance for the 2011-2012 school year.
Change in Ranking
Bard College at Simon's Rock
Fordham University - Lincoln Center
Fordham University - Rose Hill
New York University
Stevens Institute of Technology
Loyola University Maryland
Olin College of Engineering
The New School
Southern Methodist University
Worcester Polytechnic Institute
Rensselaer Polytechnic Institute
Carnegie Mellon University
University of Southern California
Dominican University of California
Sarah Lawrence College
St. John's College
Claremont McKenna College
University of Miami
Hobart and William Smith College
Harvey Mudd College
Washington University in St. Louis
The George Washington University
Johns Hopkins University
St. Lawrence University
Bryn Mawr College
University of Notre Dame
Wake Forest University
University of Rochester
Wheaton College (MA)
Union College (NY)
College of the Holy Cross
Franklin & Marshall College
Mount Holyoke College
University of Chicago
University of Richmond
Trinity College (CT)
Washington and Lee University
Remember, this is just looking at the top 100 schools from our ranking of most expensive colleges by total price. There are a few notable schools not included in this data set that would rank fairly high according to net price. After a quick analysis, the following schools would place among the top 25 (in the 14-25 range) in net price: Catholic University, University of Hartford, Lynn University, Quinnipiac University, Santa Clara University, and St. Joseph's University. Perhaps in the following years we will look at a larger sample of colleges when determining which colleges have the highest overall net price.
The Biggest Movers
Moved Down: Schools that are portrayed as expensive when ranking by sticker price, but drop considerably when ranking the same 100 by net price.
Rank by Sticker Price
Rank by Net Price
Trinity College (CT)
University of Chicago
Moved Up: Schools that moved noticeably further up the ranking when adjusted by net price.
Out of curiosity to see how the rankings would change, we took our list of 100 most expensive colleges and found the average need-based grant given at each school as listed on the College Board website.
The average need-based grant given by each school is listed below, from largest to smallest. As expected, schools that are known to provide great financial assistance (Harvard, Yale, etc.) are listed toward the top, with Harvard taking the top spot.
Next, we will be applying this grant data to the total cost of each school in an effort to find the net price roughly paid for need-based students. We will then re-rank this new list and highlight any major changes between the two rankings (sticker price vs. net price).
According to the College Board:
For the 2011-2012 school year, full-time undergraduates received an estimated average of about $5,750 in grant aid from all sources and federal tax benefits at public four-year institutions. The average grant aid given at private nonprofit four-year institutions was $15,530.
Being one of the most prestigious universities in the world, Harvard gets a lot of visitors. This became apparent last Sunday aboard a standing-room-only bus to Harvard Square. Immediately a conversation struck up between two visitors to the US. The tourists, who didn't know each other, shared their enthusiasm about getting to visit the Harvard campus for the first time.
Or so they thought.
Little did they know, they would soon be let down.
Harvard: Now even harder to get into.
Harvard University has closed its gates to outsiders at the disappointment of many tourists and prospective students hoping to visit the campus. On a recent trip to the college we witnessed several hundred visitors, alumni, families, and prospective students turned away.
Gate entrances were either closed and chained shut or were guarded by hired security and Harvard Police ensuring only Harvard students were allowed access to the yard. Only current students and staff were allowed through the gates upon showing their Harvard ID.
Students and Staff Only: A Harvard Police Officer checks for Harvard IDs
We all knew Harvard was hard to get into, but to even step foot in Harvard Yard? Harvard has been denying access to visitors since November 9th in response to the supposed protest going on.
All because of this "protest":
On Wednesday night, November 9th, the university shut down access to Harvard Yard because of the supposed danger several hundred demonstrators posed as part of the Occupy Colleges movement. Students, who had gathered outside the Harvard Law School that night, planned to march into the historic quad.
Harvard executive vice president Katie Lapp and University provost Alan Garber said that even though the administration respects the right of community members to protest, the lockdown would continue as long as the student occupation remains.
Many students and teachers alike have opposed the closing of the gates. “I think it’s absurd. Do we really need eight guards per gate?” questioned Nicandro Iannacci, Class of 2013.
Some Harvard Professors find the lockdown a bit over the top. "It seems to me an overreaction to have closed the Yard to outsiders" says Duncan Kennedy, a professor at the Law School.
I am sure visitors denied access feel the same way:
Some question why access to the yard is not allowed.
WTF: A visitor expresses frustration over Harvard lock down.
Michael Cera settles for a cell phone pic of Harvard from the locked gates.
Over the weekend, Occupy Harvardreleased a statement on their website condemning the heightened security in the Yard. “The ongoing ID checks and partial gate closures are as unnecessary as they are inconvenient,” the statement read. “Furthermore, the decision to only grant entry to Harvard ID holders has reinforced the institutional exclusivity and elitism that Occupy Harvard seeks to change.”
On Monday, November 21, the protesters announced the success of a petition signed by 110 Harvard professors that condemns the administration locking down Harvard Yard in response to students setting up tents in front of the John Harvard statue.
After witnessing the disappointment of many tourists and prospective students who had traveled great distances to visit the campus only to be turned away, we hope the Harvard administration opens its gates immediately to the public.
Unbeknownst to most visitors, if you really need to get on the Harvard campus you can put in a request ahead of time with the Campus Service Center who may or may not grant you access.
While rising tuition numbers get all the rage, room and board costs at some colleges are so high they surpass the tuition prices of many public universities. Students at the popular UCLA campus pay just under $13K in resident tuition. Meanwhile, students at private universities in New York are paying thousands more just for their college housing. With prices this high, it's clear room and board is a big (and often underlooked) cost of going to college.
The most expensive college housing is found at The New School in New York where freshmen who live in the 13th Street Residence, a traditional corridor-style dorm, pay $18,080 with mandatory meal plan. When you consider dorm residents move out in the middle of May, and aren’t allowed to stay over winter break, the cost per day for cramped rooms comes out to be a pretty penny.
This double room can be yours for about $75 per day. (Photo: 13th Street Residence at The New School)
The priciest dorms are found in (not surprisingly) the urban areas of New York, Boston, and the California coast.
With the exception of the UC schools, all of the colleges on this list are private, with eight of the top 10 being located in the New York area. Only four of the top 20 are located outside the states of California and New York: two in the Boston area (Suffolk University and Olin College), one in Washington D.C. (American University), and one (unexpectedly) in Nashville, Tennessee (Vanderbilt University).
For the first time, the average room and board at private colleges has eclipsed the $10K mark. For the 2011-2012 school year, room and board prices increased 4.0% at public and 3.9% at private colleges with average costs of $8,887 and $10,089, respectively.
Most Expensive College Dorms for 2011-2012
These are prices a typical freshman will pay for room and board for the 2011-2012 school year. Prices are based on a double room with meal plan.
1. The New School - New York, NY
At the 13th Street Residence, a traditional freshman dorm, a double room and required meal plan will run you $18,080. Want to live in a single? Be prepared to pay $21,220.
The Stuyvesant Park Residence is another popular freshman dorm at The New School.
2. New York University - New York, NY
Home to one of the largest university housing systems in the US, 21 buildings comprise NYU's undergraduate housing system, with many residence halls being converted apartment complexes or old hotels. Third Avenue North is the largest all-freshman residence hall at NYU, housing over 950 students.
Third Avenue North Residence Hall at NYU
3. Fordham University - Lincoln Center - New York, NY
Resident students live in McMahon Hall, a 20-story residence building that houses over 740 Undergraduate and 140 Law students. The residence hall adjoins the world-renowned Lincoln Center for the Performing Arts and is just minutes from Central Park. The building is equipped with multiple study lounges, a social lounge, tennis and basketball courts and a fitness center. A controversial expansion project is in the works that will bring more dorm units to the college.
McMahon Residence Hall at Fordham's Lincoln Center campus.
Photo credit: Craig Califate - One time use only, only authorized for this story.
4. Fordham University - Rose Hill - New York, NY
Situated on 85 acres in North Bronx, the Rose Hill campus is among the largest privately owned green spaces in New York City. The Collegiate Gothic architecture, expansive lawns, ivy-covered buildings, and cobblestone streets make it one of the most beautiful campus settings in the nation. There are 10 residence halls on campus, including four residential colleges and six Integrated Learning Communities for such disciplines as science, business, and leadership.
Martyrs' Court at Fordham's Rose Hill campus
5. St John's University (Queens) - New York, NY
St John's has some of the newest and most modern student residence halls on the East Coast.
Each Hall Council receives funds to provide students with free or discounted tickets to major NYC events, such as Yankee games, museums and Broadway shows.
O'Conner Hall at St. John's University - Queens campus
6. Suffolk University - Boston, MA
The majority of incoming students get assigned to the Suffolk University Residence Hall at 150 Tremont Street. Students residing in the newer Miller Hall, another popular dorm for freshmen, enjoy magnificent views of Boston.
150 Tremont Street Dorm at Suffolk University.
The Common Room at Miller Residence Hall with sweeping views of Boston.
7. Manhattanville College - Purchase, NY
Generally occupied by first-year students, Spellman is the largest of Manhattanville's four residence halls with 211 rooms and 434 students. The building is co-ed by room, meaning that female students might live next door to male students.
Spellman Hall at Manhattanville College.
8. Pace University - New York, NY
The majority of incoming students in a standard double are placed in Maria's Tower at One Pace Plaza.
Located in the same building where Pace students take most of their classes, dorm rooms are on floors 5-17, making it just a short elevator ride away from classes, the library, and the cafeteria. Theme floor options include film, wellness, green, honors, and world cultures. A typical student here can expect to pay $14,230 for room and board.
Freshmen who live in a double at the John Street Residence, where rooms come equipped with a flatscreen TV and private bath, pay $16,700 with the bronze meal plan (the minimum required meal plan for freshmen). Pair a double room at the John Street Residence with a platinum meal plan and you'll be looking at room and board costs of $17,790.
Dorms are floors 5-17 in Maria's Tower at One Pace Plaza.
9. University of California - Berkeley - Berkeley, CA
At Cal there are many housing environments to choose from: traditional high-rise residence halls, suites, and theme programs with each having its own unique style and amenities. Students living in the residence halls have access to academic services centers, live-in health workers, computing centers, security monitoring programs, tutoring, and advising. Out of all the living options at Cal, the Unit 1 and Unit 2 complex hold the most freshmen (over 1400+ each).
The Unit 1 complex at Cal consists of six halls with approximately 230 students in each hall.
10. Marymount Manhattan College - New York, NY
Marymount Manhattan College's 55th Street Residence Hall is one of the tallest college dorms in America. Student rooms are in the first 32 stories of a 46-story skyscraper in Midtown Manhattan, offering great views of NYC. The dorm has seven themed floors: Academic Achievement, Early Risers, Green, Leadership, Creative and Performing Arts, Vegetarian, and Substance Free.
55th Street Residence: Dorms are floors 1-32. The top stories are private luxury apartments.
Dressing up and going out for Halloween this year? If you don’t have a costume yet, you’re running out of time. BuyCostumes.com has some last second costume deals going on for you last minute shoppers.
A cute costume that can also be paired with a Bavarian Guy costume if going as a couple.
Pull off the classy and sexy style of Audrey Hepburn; a costume that isn't too revealing, but will still be a hit with the boys.
The classic stewardess look is a symbol of what flying used to be like when it was enjoyable, a time before we got ran through x-ray machines, were forced to remove our shoes, and could get on a plane with nail clippers and 4oz of hair gel. Should be a hit with the new TV show Pan Am now playing and it's one of those costumes that can be flirty, yet respectable.
You see all the attention females get when getting in costume at Comic-Con, now you can fulfill any nerds fantasy. The costume also works well when paired with costumes of other Star Wars characters.
Beer Keg / Keg Cup
The beer keg is typically the center of attention at parties, so with this costume you should do well. If you’re looking for a group costume, the keg cup makes for a good combo as you and your friends can get together to form a beer pong rack.
If you want to go all out and paint your face...this is your costume.
Ace and Gary from SNL
Have two friends that just seem inseparable? Suggest this costume to them that is sure to get a good laugh whether or not you have seen the skit on Saturday Night Live.
The Waldo outfit is a good costume for football games because you'll be in a crowd (fitting for this costume), it'll keep you somewhat warm and comfortable, and it won't block the view of the person behind you.
You probably have to have a certain look to pull this off (must be smooth) but you could almost put together this costume yourself and spend less than $10.
Of course there are many other costume options for both guys and girls, with some female versions being so revealing they probably shouldn’t be posted on this blog.
At the request of our readers we’ve created a CampusGrotto fan page on facebook. If you’re on facebook, please head on over and give us a quick like.
This week CampusGrotto.com enters into its 6th year of existence. We want to send out a big thanks to all of our readers and over 5 million visitors we've had over the years. We love our readers, so please show us a little love and 'like' us on our new facebook page.
Or just do it here:
If you act quick enough, you can be one of the first 100 fans. While we currently don’t have any cool prizes to give away to the first 100, you’ll have the satisfaction of knowing you were one of the first 100 in (and we’ll hold it dearly in our hearts).
Student Protest in Solidarity with Occupy Wall Street
When: Thursday 10/13/2011 4:30 EST
Thursday could see the biggest student protest on US soil since 1970.
Occupy Colleges has announced their next plan of action. A national student day of protest has been set for Thursday, October 13, as part of a nationwide walkout and student solidarity protest in support of Occupy Wall Street. Students at over 100 colleges are planning on participating.
Similar events have been taking place over the last week. On Monday, students from multiple colleges in Boston gathered in the Boston Common for a protest and march to join the Occupy Boston camp in Dewey Square.
Not since the student strike of 1970 have so many students from so many colleges come together to protest in unity.
Occupy Colleges – How it started
Students staged a campus walkout in support of Occupy Wall Street on October 5th. Students from 100+ college campuses nationwide walked out of class in a show of solidarity and support for the movement.
Why Occupy Colleges?
As one student from Northeastern University put it:
“We pay hundreds of thousands of dollars to an education industry that continues to mimic the irresponsible, unaccountable, and unethical financial practices of Wall Street. University presidents make $500,000 or more for doing so, campus workers are paid poverty wages and students graduate with outrageous amounts of student debt, in a hostile economic climate, with few job opportunities.”
A big reason for the protest: the rising cost of higher education. Schools that were once considered affordable, like UCLA and Cal Berkeley, are now nearly making the top 100 list of most expensive colleges. Add to that the frustration over the economic downturn (lack of jobs), rising student loan debt and the fact that the big banks were bailed out where the majority feel the government was looking out for bankers rather than taxpayers.
Largest Student Protest
The largest student protest in American history occurred after the Kent State shootings in May of 1970. Over four million students protested and over 850 US colleges and universities shut down during the student strike. The impact of Kent State and the national student strike that followed soon after had a huge impact on American history. Perhaps the Occupy Colleges movement will as well.