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Most expensive colleges
As education costs increase across the U.S., the priciest institutions get even pricier.
November 5, 2003: 2:10 PM EST
By Gordon T. Anderson, CNN/Money contributing writer

NEW YORK (CNN/Money) - Even by the standards of normal educational sticker shock, this year's tuition bill was a doozy.

In October, the College Board announced that the cost of attending a public college or university rose by 9.8 percent, the largest annual increase in 30 years. Private schools were just a bit more restrained, with total costs rising 6.7 percent.

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With the average university price tag rising far faster than inflation, tuition and fees at the most expensive schools pushed higher, too. Such institutions showed relatively little price restraint, according to the Chronicle of Higher Education, the premier trade publication covering the business of colleges and universities.

The publication recently surveyed tuition prices -- just tuition, not including room, board, and the various student fees that bump college costs even higher -- across the nation and came up with a list of the 10 most expensive schools in the land. Most of those identified are small, elite liberal arts colleges in the Northeast.

Priciest diplomas
With tuition bills rising all across the country, here's a list of the most expensive tuitions, according to the Chronicle of Higher Education. The prices do not include other costs, such as room and board or activity fees.
InstitutionLocationTuitionIncrease
Landmark CollegePutney, Vermont$35,3002.9%
Sarah Lawrence CollegeBronxville, N.Y.$30,8245.0%
Kenyon CollegeGambier, Ohio$30,3305.6%
Trinity CollegeHartford, Conn.$30,2305.7%
Hamilton CollegeClinton, N.Y.$30,2005.0%
Bowdoin CollegeBrunswick, Maine$30,1205.0%
Brown UniversityProvidence, R.I.$30,0785.6%
Wesleyan UniversityMiddletown, Conn.$29,9985.9%
Colgate UniversityHamilton, N.Y.$29,9405.6%
Brandeis UniversityWaltham, Mass.$29,8756.1%
Source:Chronicle of Higher Education

A few are relatively young. The priciest, Landmark, was founded in 1983 and targets smart kids who have learning disabilities. Brandeis, founded in 1948, is a more traditional research university with lofty (read: expensive) academic ambitions.

With the cost of providing higher education rising, many larger, elite universities have used fat endowments as a buffer. That's not possible with some of the schools on this list.

Sarah Lawrence's tiny endowment, for example, works out to about $33,000 per student. Rivals Williams and Swarthmore boast coffers about 20 times larger.

With more limited sources of financial support, tuition tends to make up a relatively greater part of the budgets at schools. Up in Maine, about 50 percent of Bowdoin's annual revenue comes from tuition. Less than one-third of well-endowed Harvard's money, in contrast, comes from tuition.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.