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Rank: 44

Columbia University in the City of New York

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 Manhattan location also provides its roughly 9,000 undergraduates with extraordinary opportunities, including proximity to top cultural attractions, and helps draw world-class scholars, such as Nobel Prize-winning economists Edmund Phelps and Joseph Stiglitz and Fields Medal-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, 96% 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 $66,800 a year. Previous students include former President Barack Obama, investor Warren Buffett, Saturday Night Live star Kate McKinnon, and comedian Jenny Slate. Though rarely used, the school's full and official name is Columbia University in the City of New York.
CORONAVIRUS UPDATE
FALL 2020 PLAN: The university hoped to bring about 60% of students back to campus, but it switched its plans in mid-August. All courses are now online, and only students with special circumstances can live on campus.
costs
Est. Full Price 2020-2021
$78,700
% of students who get any grants
60%
Est. price for students who receive aid
$22,200
Average price for low-income students
$10,700
admissions
Acceptance rate
6%
Median SAT/ACT Score
1510/34
SAT/ACT Required for Fall 2021?
no
Enrollment
8,220
Financial Aid
% of students with need who get grants
99%
% of need met
100%
% of students who get merit* grants
N/A
Average merit grant
N/A
student success
Graduation rate
96%
Average time to a degree
4.1 years
Average student debt
$21,980
Average salary within 5 years
$66,800
% earning more than $28,000
88%
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.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

coronavirus update

FALL 2020 PLAN: The university hoped to bring about 60% of students back to campus, but it switched its plans in mid-August. All courses are now online, and only students with special circumstances can live on campus.

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

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

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