The University of Kansas may have won the 2022 NCAA “March Madness” Tournament in the men’s bracket, but there are two things it didn’t win:
- Hearts and Minds (That goes to New Jersey’s own St. Peter’s University, who secured the fifth-largest upset in NCAA tournament history. Jersey Pride!)
- Most Expensive College
Each year, Columbia Threadneedle Investments puts together a College Cost Bracket listing the price of a degree from each school participating in the March Madness tournament. Warning: Some of these are a doozy.
How do these schools measure up?
The average cost (tuition, fees, room, board, books, supplies) of a degree from a private 4-year college is $212,868. That’s not including student loan interest. Six of the schools on the bracket are over $300k!
- USC: $320,604
- Yale: $317,480
- Colgate: $310,320
- Duke: $308,276
- Notre Dame: $307,532
- Villanova: $303,340
A single year at USC breaks down to $80,151, significantly higher than the national average for a private college:
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If you’re interested in opening a 529 plan, we can help.