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Monday 28 October 2013

Tuition Fees at the World’s Top Universities


Have you ever thought of schooling overseas,probably in one of the world's top universities?Well, I came on this little information that may interest you all,and I thought I should share it with you all,and then you can make a quick decision on where it is going to be NOW,even before the opportunity shows forth."If you fail to plan,then you are already planning to fail".
Danny Byrne investigates increases in tuition fees for undergraduate degrees at the world’s top universities.
Getting a degree from one of the world’s highest ranking universities can now cost up to US$182,000. That’s the ticket price for a four-year undergraduate degree at the University of Chicago, ranked 9th in the world in the QS World University Rankings® 2013/2014. At US$45,324 per year, Chicago is the most expensive university in the global top ten – but not by much.
Yale University comes second at $43,100, while Stanford University clocks in at $42,690. Tuition fees at MIT, the world’s current number one, stand at $36,000 per year, with Harvard charging a round $40,000.
These figures reflect a significant increase in the cost of higher education around the world since the financial crisis. Average annual tuition fees in the global top ten now stand at a record high of around US$31,000, a steep rise compared to the 2007/8 figure of around US$18,464.
The following table lists annual tuition fees for domestic undergraduate students at the world's ten top universities. It excludes financial aid and additional costs such as rent, food and textbooks.
Annual undergraduate tuition fees at the world’s top universities
University/Tuition fees (US [$])
Massachusetts Institute of Technology (MIT) / $36,000
Harvard University / $38,891
University of Cambridge / $14,000
University College London (UCL) / $14,000
Imperial College London / $14,000
University of Oxford / $14,000
Stanford University / $42,690
Yale University / $43,100
University of Chicago / $45,324
California Institute of Technology (Caltech) / $39,990
Princeton University / $40,170.

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