3.  University of Chicago

most expensive colleges 2016 university of chicago
  • Total annual cost: $67,584
  • Freshmen with financial aid: 61%

One way to decide if a college is worth the cost is to see if graduates are having a hard time paying off their loans. At the University of Chicago, there's good news here. Less than 1% of borrowers defaulted on their loans within three years of graduating.

The average alum left school with $12,500 in federal student loans, and a typical monthly payment of $128, according to government data. Though, they could also have additional private loans.

First published November 11, 2016: 12:54 PM ET
Source: The total annual cost was analyzed by the Chronicle of Higher Education based on 2016-2017 data from The College Board. Financial aid 2014-2015 data comes from the National Center for Education Statistics.
The total annual cost includes tuition, fees, and room and board for full-time, undergraduates. The share of freshmen with financial aid includes those who received grants and/or scholarships from the school, state or federal government.

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