Do you wonder what the most expensive colleges in the world will look like? The top-notch learning system, the state of the art learning environment and the qualified lecturers? Then, this article is for you.
Price is often best defined as the value that we attach to a particular commodity.
Knowledge is priceless; however, there exist certain fees that are paid in certain Institutions to enable you to acquire the knowledge they have to offer.
Although one might argue that the knowledge in various schools is the same, the method of rendering determines how cheap or expensive that knowledge will cost.
Some schools cost a relatively high amount of money, and this improved cost exists for various reasons.
In this article, we consider eight universities with fees of over $55 000 to get an insight into what they have to offer and their origin.
Most Expensive Colleges In The World
Vassar College, US ($56,960):
Vassar College, USA, is one of the most expensive colleges in the world.
The college, which is known for its beautiful and captivating campus, rumours that the beauty of its campus is more of a selling point than what is being taught there.
The school, however, is also at the forefront of academic excellence, with its consistent ranking among the top liberal arts colleges in the world.
Vassar College is a highly selective, residential, coeducational liberal arts college.
Achievements in Education:
It is known as one of the pioneering achievers in education, and its constant innovation of curricula places it among the best colleges.
The Vassar College, USA, was founded in 1861 with a vision of creating an environment where women could get similar educational opportunities as the men had.
Vassar is open to all and sundry irrespective of tribe and origin; its diversity, inclusion, and equity principles are second to none.
The school is regarded as a rich intellectual and cultural environment where students can acquire knowledge in view of such policies.
More about Vassar College, USA
Vassar College has an average aid award of $54K, with about 51 majors and 27 varsity teams.
The school encourages freedom of expression and supports deep engagement inequitable access to teaching, learning, scholarly research, and artistic endeavour.
It is committed to pursuing knowledge, freedom of inquiry, and informed, robust, and inclusive debate.
University Of Chicago ($57,000):
The University Of Chicago is one of the largest colleges in the world; it is also one of the most expensive universities in the world and the biggest university in the Chicago area.
The school has a relatively high ranking when compared to other national universities of the world.
The University of Chicago is the only Illinois university ranked among the ten best value colleges by Wall Street Journal and Times Higher Education.
The University is a private research university founded in 1890, with its main campus located in Chicago’s Hyde Park neighbourhood.
It has an undergraduate college with five graduate sections.
This accounts for the significant shift in the population of the undergraduate and graduate sections of the school.
The school recruits about 63% graduate and 37% undergraduate, with a total number of recruited students amounting to 16785 students.
The University, which has about eight schools, has played a major role in developing many academic disciplines, including economics, law, literary criticism, mathematics, physics, religion, sociology, and the behavioralism school of political science, establishing the Chicago schools in various fields.
It boasts of students and staff with Nobel laureates, which amounts to over a hundred in 2021.
ETH Zurich ($60,000):
ETH Zurich also called the Swiss Federal Institute of Technology in Zurich, is one of the most expensive colleges in the world.
It was established in 1854 by the Swiss Federal Government. This public research facility is located in Zurich, Switzerland.
The school was set up strictly to equip and educate engineers and scientists, accounting for their curriculum.
The school curriculum focuses mainly on science, technology, engineering and mathematics (STEM).
It has about 6,455 (530 professors of all ranks) academic staff and administrative staff of about 2,658.
The last students’ headcount amounted to about 22,200 students, with about 9,262 Undergraduates, 6,158 Postgraduates, 4,170 Doctoral students, 1,095 Other students.
Moreover, its open arms to foreign nationals account for the 37% of international students found in the school.
The school is located at Rämistrasse 101, CH-8092 Zürich, Switzerland, Zürich.
In the 2021 edition of QS World University Rankings, ETH Zurich was ranked 6th globally, placing it as the second-best European university after the University of Oxford.
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University of Oxford ($62,000):
The University of Oxford, also called The Chancellor, Masters and Scholars of the University of Oxford, was suspected of having commenced in 1096.
Although there are doubts about the year it started but teaching evidence dates back to 1096.
However, the university only experienced rapid growth in 1167 when Henry II banned English students from attending the University of Paris.
The University of Oxford is the oldest in the English speaking world, and it is also the 2nd oldest university globally.
It is important to note that this university serves as the origin of Cambridge University.
The University of Cambridge was set up by academics that fled from the University of Oxford. This relationship often originates the name given to them, “Oxbridge”.
The school has about 6,995 academic staff, students of about 24,515, 11,995Undergraduates, 12,158 Postgraduates, 541 Other students. It is located in Oxford, England, United Kingdom.
It has about 39 semi-autonomous colleges, with each college having its government. However, it does not have a main campus, but its buildings are scattered throughout the City.
The school is home to the oldest university museum, the largest university press in the world, and the most extensive academic library system nationwide.
The school has a well-renowned alumni body encompassing about 28 prime ministers, 72 Nobel laureates, many heads of states and government officials in various countries, as well as home to about 160 gold medals.
It is one of the most expensive colleges in the world.
Massachusetts Institute Of Technology ($65,500):
MIT is an acronym for the Massachusetts Institute Of Technology. The institution was incorporated in the year 1861 with the Motto “Mens et manus” (“Mind and hand”).
The campus is located in Cambridge, MA, USA, covering about 168 acres; its Student residences account for about 19 acres.
The school has the vision to make a better world through education, research, and innovation.
It was founded to propagate the country’s industrial revolution; graduates from this Institution have invented fundamental technologies, launched new industries and created millions of jobs for the American people.
The Institution has employed about 16,185 academic staff, including about 1064 professors (all ranks), with other teaching staff of about 956.
The school also has over 6000 graduates, which encourages gender equality, with about 47% of its undergraduate students being girls.
The Institute can boast of several Nobel laureates amounting to about 96 and other national prizes. It is one of the best universities in the world.
It is one of the most expensive colleges in the world.
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New York University ($65,860):
The New York University, formerly known as the University of the City of New York, between 1831-1896, was founded by a group of New Yorkers led by the Secretary of the Treasury, Albert Gallatin.
The school was founded in the year 1931 as private research. It is fondly known for its Motto, “To persevere and to excel”, which have been known to encourage and inspire students of this school.
The school has employed about 9,835 academic staff (5,723 full-time /4,112 part-time) and 2,242 administrative staff. The school has about 51,848 students, made up of about 26,733 undergraduates and 25,115 Postgraduates students.
It is located in New York City, United States, with its Campus situated at Large City, 230 acres (0.93 km2) (Manhattan campus).
NYU has become the largest private university in the United States by enrollment, with 51,848 enrolled students.
NYU has ten undergraduate schools, including the College of Arts & Science, Gallatin School, Steinhardt School, Stern School of Business, Tandon School of Engineering, and the Tisch School of Arts. It also has 15 graduate schools.
NYU’s 15 graduate schools include the Grossman School of Medicine, School of Law, Wagner Graduate School of Public Service, School of Professional Studies, School of Social Work, Rory Meyers School of Nursing, and Silver School of Social Work.
The university has also produced six Rhodes Scholars, three Marshall Scholars, 29 Schwarzman Scholars, and one Mitchell Scholar. It is one of the most expensive colleges in the world.
Columbia University ($66,383):
Columbia University was founded in 1754 as King’s College by the royal charter of King George II of England.
It is the oldest institution of higher learning in New York and the fifth oldest in the United States.
The school, which started with about eight students in its first-class, now has a series of US campuses and two facilities outside the Manhattan.
Nevis Laboratories, established in 1947, is Columbia’s primary centre for studying high-energy experimental particle and nuclear physics.
Located in Irvington, New York, Nevis is situated on a 60-acre estate originally owned by the son of Alexander Hamilton.
The Lamont-Doherty Earth Observatory was established in 1949 in Palisades, New York, and is a leading research institution focusing on global climate change, earthquakes, volcanoes, nonrenewable resources, and environmental hazards.
It examines the planet from its core to its atmosphere, across every continent and every ocean.
Harvey Mudd College ($67,255):
This is one of the first engineering, mathematics and science colleges in the United States. Despite its devotedness to science, Harvey Mudd is also a liberal arts college making it one of the few universities specialising in both.
This school has been known to provide engineers who eventually go into society and become leaders in various fields while also understanding the relevance of their work.
Mudd offers nine engineering, science and mathematics-based majors, all grounded in a solid core curriculum that includes a healthy dose of humanities and social science courses.
It also tried to encourage the artistic ability of its students.
Their belief that you can be a scientist and pursue your passion for arts make them one of the best institutions in the world.
The versatile knowledge of students from the University make them better suited for society, and they can fit into anything they want at any point in time.
It is one of the most expensive colleges in the world.
Conclusion
It can be easily seen that most universities featured in this list are either old universities, science universities, or beautiful universities.
The consistency delivered by these universities over the years has placed them in a pole position to make certain demands as tuition and other related fees.
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