15 colleges now cost $100k+ per year and almost none of them are worth it

Caveat emptor!The number of colleges that cost more than $100,000 per year to attend has sky-rocketed this year — but few of these pricey schools offer a strong return on investment, according to rankings.Fifteen higher ed institutions cracked the six-figure pricetag this year, up from a just two the previous year, according to an analusys from the the Washington Post.That means students at those schools will be shelling out nearly a half-million dollars over four years of schooling.Another another nine colleges were also mere dollars away from breaking the six-figure mark, data from the Princeton Review showed.The most expensive schools in the US are:Ivy League schools Brown, Columbia and Cornell were close behind, each charging just under $100,000 per year.Despite those huge prices, separate statistics raised questions about what the money is buying — none of the 15 most expensive schools appeared equally high in college rankings of the best returns on investment.California’s prestigious Harvey Mudd College rated most-expensive at $104,512 in the Princeton Review — and came in 50th in a Wall Street Journal assessment of financial return on investment.The WSJ analysis calculated the estimated earnings of graduates from each university — and compared it against the cost of attendance.The University of Chicago — third most expensive at $103,821 per year — ranked 60th on the Journal’s “Best Value” list, and Duke ranked 166th for return on investment.Other top ticket schools fared far worse: New York University was the 12th most expensive, but the 321st for value; Fordham University was the eighth priciest, but 423rd for value; and Vassar was 10th most expensive, but 514th for value.CUNY schools dominated the top seven spots in that ranking, with Princeton, Stanford and California State University, Los Angeles, close behind.But huge price tags may not be the best measure of what students may actually pay at the top-ticket schools, with experts noti...

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Publisher: New York Post

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