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Rank: 56

Columbia University in the City of New York

New York, NYwww.columbia.edu
According to MONEY's analysis, Columbia University is one of the more expensive colleges in the Ivy League, in part because it's in one of the world's most expensive cities. But Columbia's location also provides students with extraordinary opportunities, including proximity to some of the world's top cultural attractions, and helps draw world-class scholars, such as Nobel Prize-winning economists Edmund Phelps and Joseph Stiglitz 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. Even so, 94% of freshmen go on to earn a degree within six years. And in the years before graduation, students land some of the best and highest-paying internships around. Perhaps as a result, recent Columbia graduates report earning an average of $66,000 a year. Former students include former president Barack Obama, ex-Secretary of State Madeleine Albright, investor Warren Buffett and comedian Jenny Slate. Though rarely used, the school's full and official name is Columbia University in the City of New York.
costs
Est. Full Price 2018-2019
$76,000
% of students who get any grants
45%
Est. price for students who receive aid
$24,700
Average price for low-income students
$9,500
admissions
Acceptance rate
7%
Median SAT/ACT Score
1500/34
SAT/ACT required?
Yes
Enrollment
8,523
Financial Aid
% of students with need who get grants
99%
% of need met
99%
% of students who get merit* grants
N/A
Average merit grant
N/A
student success
Graduation rate
94%
Average time to a degree
4.1 years
Average student debt
$21,500
Average salary within 3 years
$66,000
% of low-income students who become upper middle class
61%
key deadlines
Early decision application
Nov 1
Regular application
Jan 1

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

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