Columbia is, according to our analysis, the most expensive college in Money’s top 50 and in the Ivy League, in part because it’s located in one of the world’s most expensive cities. But its location also provides students with extraordinary opportunities like proximity to some of the world’s top cultural attractions -- and draws world-class scholars, including Nobel Prize-winning economist Edmund Phelps, Pulitzer Prize-winning poet Mark Strand, and Fields Prize-winning mathematician Andrei Okounkov.
The first two years of study at Columbia, during which all students must dive into the school’s celebrated Core Curriculum, can be especially challenging, but the hard work apparently translates into professional success: an unusually high 95% of freshmen go on to earn their degree. And many students gain entrée to some of the best and highest-paying internships. Perhaps as a result, recent Columbia graduates report earning an average of $57,600, significantly more than the figures reported by similar schools. The school's official name is Columbia University in the City of New York.