Many people believe that expensive institutions also offer high-quality education; here we list the most expensive universities in the world explores whether this is the case.
A high-quality education is crucial to stay up with the innovative and technical advances that the world is undergoing today.
High-quality higher education is quite expensive. You might discover that the tuition at some of the most prestigious and regarded public and private colleges in the world is rather high.
However, there are affordable institutions of higher learning available all across the world. See our article on the 50 most affordable colleges in the world for foreign students.
Additionally, the type of institution you attend offers you the best networking possibilities, access to fantastic internship opportunities that could result in simple employment that pay well with high starting wages, first-rate educational resources, etc.
It makes sense that the wealthy make sure to send their children to Ivy League institutions, not because they have a lot of money to spend but rather because they are aware of some of the benefits of providing their children with a high-quality higher education.
This Blog Includes
The Most Expensive Universities in the World!
Are you seeking for prestigious, pricey universities where you can get the most for your money? A list of the top 25 most costly universities in the world is provided in this article.
Is an Expensive University Worth It?
An expensive institution may be judged to be worth it due to the following reasons:
First off, businesses occasionally have preferences for graduates of prestigious universities. This might be due to the intense competition for admission to prestigious or expensive schools, where only the brightest, best-performing students will be admitted.
Because they have been pre-screened and shown to be great achievers, employers like these individuals.
Additionally, the quality of the education received exceeds that of a smaller, less expensive college. Elite universities have the resources to offer students superior instruction and more opportunities to study about their chosen field.
Second, more expensive academic staff members are specialists in their fields, work fewer hours, have substantial industrial and/or research experience, and most likely have connections throughout the world. They spend more time doing research to keep their subjects current.
The importance of branding in many professions means that choosing to attend a more “famous” (and probably more expensive) university will have a big influence on your future and your education there.
The importance of networking and the fact that more expensive institutions frequently offer “better” networking possibilities through alumni and “old boy” networks are only a couple of the many explanations for this.
Additionally, the most expensive institutions frequently invest more resources, time, and staff into strong support infrastructures, including career counseling and extracurricular programs, in order to retain their reputation.
The return on investment from a “big-name” or well-regarded school is probably worth the high initial expense. This explains why so many students are willing to take on enormous debt in the hopes that their preferred institution will be successful.
The World’s 25 Most Expensive Universities
1. American Harvey Mudd College
The first-place school among the top ten most expensive universities in the world is this well-regarded institution in California. This university is by far the most expensive in the entire globe. Private college Harvey Mudd was established in 1955.
Why is Harvey Mudd the priciest college in the world? What is it about it?
Basically, it has a lot to do with the fact that Forbes recognized it as the 18th best school in the nation and it produces the second-highest number of STEM PhDs in the nation!
Moreover, the U.S. News tied Rose-Hulman Institute of Technology for first place in the nation for top undergraduate engineering program.
Its main emphasis is on STEM fields including science, technology, engineering, and mathematics.
2. Johns Hopkins College
The second most expensive university in the world and the second most costly on our ranking list is this one.
Private American research university Johns Hopkins Institution is situated in Baltimore, Maryland. It was established in 1876 and given the name Johns Hopkins in honor of its first sponsor, an American merchant, abolitionist, and philanthropist.
It was also the country’s first research university, and it continues to lead US academic institutions in research spending today.
As the first institution in the United States to combine teaching and research, it is also widely recognized as having transformed higher education. To far, 27 Nobel laureates have graduated from Johns Hopkins University.
3. Design school Parsons
The third priciest institution in the world is this esteemed design school. In the Greenwich Village neighborhood of New York City, it is a private art and design college. It is one of the five colleges of the New School and is regarded as a local institution for art and design.
The school was established in 1896 by famed American Impressionist William Merritt Chase. Since its founding, Parsons has been a pioneer in the field of art and design education, supporting innovative ideologies and pedagogical approaches that have propelled designers and artists to unprecedented heights in both their creative and political expression.
4. Dartmouth University
On our list, this university is the fourth priciest. It was established in 1769 by Eleazar Wheelock, making it the ninth-oldest institution of higher learning in the country and one of the nine schools that were established prior to the American Revolution.
In addition, Hanover, New Hampshire’s Ivy League College is a private university. Its undergraduate college houses more than 40 departments and programs, in addition to graduate programs in the arts, sciences, medicine, engineering, and business.
The university enrolls around 6,000 students, with about 4,000 undergraduates and 2,000 postgraduates.
5. American Columbia University
The fifth-oldest institution of higher learning in the United States, this highly regarded and pricey university was established in 1754 by George II of Great Britain.
King’s College was the institution’s original name before it was changed to Columbia University in 1784.
Nuclear piles, brain-computer interfaces, and nuclear magnetic resonance are just a few of the ground-breaking studies and discoveries made by numerous university researchers and scientists. The earliest indications of continental drift and tectonic plates were also found by the geologists.
With a 5.8% undergraduate acceptance rate, Columbia is currently the second-most selective university in the Ivy League, behind Harvard, and the third-most selective institution overall in the United States.
6. US-based New York University
This prestigious university is ranked as the sixth most expensive university in the world. It is the most well-known university among schools and colleges in the US.
In essence, New York Institution (NYU) was established in 1831 as a private research institution in New York City. It is one of the biggest private higher education institutions in the nation. The institution is renowned for its undergraduate and graduate programs in social science, the fine arts, nursing, and dentistry.
The College of Arts and Sciences is the biggest school and college of New York University. The facility also houses the Tisch School of the Arts, which provides undergraduate and graduate degrees in dance, acting, film, television, and dramatic writing.
The Silver School of Social Work, Stern School of Business, Schools of Law and Medicine, and Steinhardt School of Culture, Education, and Human Development all offer graduate programs as well.
Additionally, it’s excellent rating in the 2017 Graduate Employability Rankings indicates that employers are interested in its graduates.
7. Sarah Lawrence University
The private, coeducational Ivy League College is located in Yonkers, New York, roughly 25 kilometers north of Manhattan. It is one of the most prestigious liberal arts colleges in the state because of its unique teaching approach, which lets students choose their own course of study.
The college was established in 1926 by multibillionaire real estate investor William Van Duzer Lawrence, who gave it the name Sarah Bates Lawrence in honor of his late wife.
The school’s main goal was to give women an education comparable to that offered at Oxford University in the United Kingdom, where pupils get intensive teaching from a wide range of academic staff members.
At this university, there are 12 graduate degree programs available. The majority of students can, however, create their own courses to suit their particular requirements.
Additionally, the university offers a range of study abroad options, enabling students to continue their education in cities including Havana, Beijing, Paris, London, and Tokyo.
#8. US-based Massachusetts Institute of Technology
This well-known Institute was established in 1861 and is a private research facility in Cambridge, Massachusetts.
The five schools at MIT (architecture and planning; engineering; humanities, arts, and social sciences; management; science). However, the idea of educational innovation serves as the foundation of MIT’s educational philosophy.
Additionally, MIT researchers are setting the pace in fields like artificial intelligence, climate adaptation, HIV/AIDS, cancer, and poverty reduction. MIT research has also sparked innovations like radar, magnetic core memory, and the expanding universe theory.
Additionally, 93 Nobel Prize winners and 26 Turing Award winners are among the alumni of MIT. It should come as no surprise that this university is among the most expensive in the world.
9. The University of Chicago
In the center of Chicago, the third-most populated city in the US, is the famed University of Chicago, a private research university that was established in 1856.
Chicago consistently rates in the top 10 in national and international rankings, making it one of the top universities in America outside of the Ivy League.
In addition, Chicago’s professional schools, like the Harris School of Public Policy Studies, the Booth School of Business, and the Pritzker School of Medicine, have a superb reputation outside of the arts and sciences.
Numerous academic fields, including sociology, economics, law, and literary criticism, may thank University of Chicago graduates for their expansion.
10. The Claremont McKenna College
This esteemed university, a liberal arts college in Claremont, East Los Angeles, was established in 1946.
The W.M. Keck Foundation is named after the billionaire, and its gifts have assisted in funding various campus improvements. The foundation’s motto, “civilisation prospers via commerce,” reflects the institution’s strong emphasis on business management and political science.
Along with being a liberal arts college, CMC also houses eleven research centers. In a geopolitical environment that is shifting, the Keck Centre for International and Strategic Studies seeks to give students a more dependable worldview.
11. UK’s University of Oxford
Despite having an ambiguous establishment date, the Institution of Oxford is the oldest university in the English-speaking world. It is believed that teaching there first started as early as the 11th century.
It is situated in and around Oxford’s historic city center, dubbed “the dreaming city of spires” by 19th-century poet Matthew Arnold. It comprises of 44 colleges and halls as well as the largest library system in the UK.
Additionally, Oxford has 22,000 students in total, of whom 40% are international and almost half are undergraduates.
12. Swiss Federal Institute of Technology (ETH Zurich), Switzerland
One of the top colleges for science and technology in the globe, this highly regarded institution is known for its innovative research.
Since its inception in 1855, the Swiss Federal Polytechnic School has graduated 21 Nobel laureates, two Fields Medalists, three Pritzker Prize winners, and one Turing Award winner, including Albert Einstein.
Additionally, the institution has 16 departments that conduct scientific research and provide academic education in fields including engineering, architecture, chemistry, and physics.
The bulk of ETH Zurich’s degree programs combine sound theory with real-world application, and most are based on solid mathematical principles.
One of the top universities for science and technology in the world is ETH Zurich. While the majority of master’s and doctoral programs are offered in English, German is the predominant language of instruction for undergraduate students.
13. US Vassar College
Vassar is a renowned private university located in Poughkeepsie, New York. With a total of 2,409 undergraduate students, it is a small college.
Vassar University has a 25% admission rate, making entrance competitive. Popular majors include biology, economics, and mathematics. Graduates from Vassar earn an average starting salary of $36,100, with a graduation rate of 88 percent.
14. US Trinity College
One of the oldest educational institutions in Connecticut is this well-known College, which is situated in Hartford. After Yale University, it is the second-oldest institution in Connecticut, having been founded in 1823.
Additionally, Trinity students receive a broad education at a liberal arts college in a variety of subjects and thinking abilities. The college places the utmost emphasis on independent thought. Students are urged to choose uncommon minors, such as engineering with a minor in art or politics with a minor in biology. In addition to around 40 majors, Trinity also provides about 30 diverse minors.
The engineering major at Trinity College is also unique among liberal arts colleges. It also boasts the first human rights program at a liberal arts institution, which consists of a series of lectures and workshops.
The participation of students in programs that offer experiential learning for credit, such as research, internships, study abroad, or community-based learning, is also encouraged.
Finally, Trinity is forbidden by its charter from forcing its students to adopt any particular religion. All students are welcome to participate in the campus liturgies and spiritual activities.
15. US Landmark University
This pricey institution is a private college in Putney, Vermont that accepts only students with autism, attention deficit problems, or learning difficulties.
Additionally, it is accredited by the New England Association of Schools and Colleges and provides associate’s and bachelor’s degree programs in the liberal arts and sciences (NEASC).
Landmark College, which was founded in 1985, was the first institution of higher learning to pioneer college-level academics for dyslexic students.
It was ranked first on CNN Money’s list of the priciest institutions in 2015. According to the Department of Education’s rankings for the 2012–2013 academic year, it was also the most costly four-year private non–profit school by list price; fees, which include room and board, were reported to be $59,930 in 2013 and $61,910 in 2015.
16. Franklin and Marshall College, US
Essentially, Lancaster, Pennsylvania-based F&M College is a private liberal arts institution. With a total of 2,236 undergraduate students, it is a small college. Franklin & Marshall has a 37 percent admission rate, making admissions moderately difficult. Popular majors include business, economics, and the liberal arts and humanities. 85 percent of Franklin & Marshall graduates graduate with starting salaries of $46,000.
17. Southern California University, USA
Private research university in Los Angeles, California, this esteemed institution is also referred to as USC. Robert M. Widney established it as California’s first private research university in 1880.
Basically, the university includes 22 undergraduate, graduate, and professional schools, 1 liberal arts school (the Dornsife College of Letters, Arts, and Sciences), and 21,000 undergraduate and 28,500 post-graduate students enrolled from all 50 states and more than 115 countries.
USC is considered to be one of the best universities in the nation, and admission to its programs is extremely competitive.
18. Duke University, US
This prestigious university is a top producer of foreign scholars and one of the richest private universities in the nation.
The 53 majors and 52 minor options offered by Duke University enable students to choose and develop their own engineering degrees.
The university additionally provides 23 certificate programs. Students who are majoring may additionally pursue a minor, certificate, or a second major.
About 9,569 graduate and professional students and 6,526 undergraduates are enrolled at Duke University as of 2019.
In order to help new students make friends and develop a feeling of community on school, the administration mandates that first-year students live on campus for the first three years.
Students have access to more than 400 clubs and organizations on campus. The Duke University Union (DUU), the institution’s primary organizational structure, provides the framework for its intellectual, social, and cultural activities.
There is also an Athletic Association with roughly 650 student-athletes and 27 sports. Thirteen Noble Laureates and three Turing Award recipients have ties to the university. 40 Rhodes Scholars and 25 Churchill Scholars are among Duke’s alumni.
19. US-based California Institute of Technology
California’s Pasadena is home to the private research facility known as Caltech (California Institute of Technology).
The university is renowned for its strengths in science and engineering, and it is one of a small number of technology institutes in the United States that are primarily dedicated to teaching technical arts and applied sciences. The university’s admissions process ensures that only a small number of the brightest students are admitted.
The Caltech Seismological Laboratory, the NASA Jet Propulsion Laboratory, and the International Observatory Network are just a few of the top facilities that Caltech has to offer.
Caltech is also one of the most prestigious universities in the world and among the most selective in the US.
20. US-based Stanford University
The prestigious University is a private research institution located in Stanford, California, not far from Palo Alto.
With over 17,000 students enrolled in 18 interdisciplinary research institutes and seven schools (the Graduate School of Business, the School of Earth, Energy & Environmental Sciences, the Graduate School of Education, the School of Engineering, the School of Humanities and Sciences, the Law School, and the School of Medicine), Stanford has one of the largest university campuses in the United States.
21. Imperial College London, UK
A public research institution in London is called the Imperial College of Science, Technology, and Medicine.
This esteemed college in the UK is entirely dedicated to the fields of science, engineering, medicine, and business. According to the QS World University Rankings 2022, it is rated seventh in the world.
In addition, Imperial College London, which is rated seventh worldwide in the QS World University Rankings 2022, is a distinctive college in the UK that is entirely devoted to the study of science, engineering, medicine, and business.
Finally, Imperial offers a research-driven education that exposes you to real-world problems with no simple solutions, challenging instruction, and the chance to work in multinational teams.
22. US-based Harvard University
This prestigious institution is a private Ivy League research university that is situated in Cambridge, Massachusetts.
In terms of influence, reputation, and academic standing, it is widely regarded as a university of the highest caliber in the world. It was founded in 1636 and is the oldest higher education institution in the nation. In essence, Harvard only admits the brightest students, and the nominal tuition is outrageous.
However, the university’s substantial endowment enables it to provide numerous financial help programs, of which about 60% of students take advantage.
23. Cambridge University, UK
This highly regarded public research university, which is 50 miles north of London in the center of the historic city of Cambridge, enrolls approximately 18,000 international students.
It is important to note that this esteemed university accepts applications to specific colleges rather than the entire university. You can reside and frequently get instruction in your college, where you will participate in college supervisions—small-group teaching sessions.
Additionally, the university’s six academic schools—Arts and Humanities, Biological Sciences, Clinical Medicine, Humanities and Social Sciences, Physical Sciences, and Technology—are dispersed across its colleges and together house about 150 faculties and students.
24. Australia’s University of Melbourne
In Melbourne, Australia, there is a public research institution called the University of Melbourne. It was established in 1853 and is both Victoria’s oldest and the second-oldest university in Australia.
It has multiple campuses all around Victoria, with its main campus located in Parkville, an inner suburb to the north of Melbourne’s central business district.
Essentially, more than 8,000 academic and professional staff members support a vibrant student body of of 65,000, which includes 30,000 international students from more than 130 countries.
The university also has 10 residential colleges where most students reside, making it simple to establish an academic and social network. Each college provides extracurricular activities to complement the academic curriculum.
In essence, the University of Melbourne’s degrees are distinctive because they are modeled after those at prestigious universities around the world. Before choosing a major, students spend a year researching several fields.
They also pursue studies in fields unrelated to their chosen field, giving Melbourne students a depth of knowledge that sets them apart.
25. UK’s University College London
University College London, a public research university established in 1826 and located in London, England, comes in last on our list.
It is the second-largest university in the United Kingdom by total enrollment and the largest by postgraduate enrollment. It is a federal University of London member institution.
Furthermore, UCL frequently ranks in the top 20 in a range of international rankings, solidifying its reputation as a global academic powerhouse. UCL is placed ninth worldwide in the “QS World University Rankings 2021.”
More than 675 postgraduate degrees are offered by UCL, which also promotes community collaboration across conventional academic boundaries.
The goal of UCL is to fundamentally alter how people perceive the world, produce knowledge, and approach issues.
Finally, UCL was ranked among the top 20 universities worldwide for graduate employability in the 2022 QS Graduate Employability Rankings.