This Is The Most Expensive College In Georgia

By Grant Suneson/24/7 Wall St. Atlanta

2021-05-18

The cost of a college education can be prohibitively expensive for many students. As of 2019, a student would have to pay an average net price of $9,915 to attend a four-year public college, and $19,220 to attend a non-profit private school, after financial aid is factored in.

While the cost of college has increased virtually everywhere, certain schools stand out as being especially expensive. Whether it is because of their selective admissions standards, unique programs offered, or notable faculty, there are hundreds of schools that charge tens of thousands of dollars per year.

Each state is home to at least one school with an average net price of more than $12,000 per year. Smaller states tend to have fewer universities, and those they do have tend to have lower fees and tuition.

The vast majority of schools that rank as the most expensive in their state are private schools. While many of these are liberal arts colleges, a number of institutions on this list are art schools or music conservatories. Though these schools cost tens of thousands of dollars per year, those with fine arts degrees tend to earn much less than those with other types of college education.

Savannah College of Art and Design is one of the largest institutions to rank as the most expensive in its state, with nearly 13,000 undergraduate students. It is one of many art schools to appear on this list. Students pay $44,460 for tuition, books, room and board, minus any financial aid.

Nearly 96% of applicants to this school are accepted, compared to a 65% acceptance rate for the typical school. The college offers dozens of majors, including in painting, performing arts, and photography as well as in more business-focused studies like design management, creative business leadership, and social strategy and management.

To identify the most expensive college in every state, 24/7 Wall St. used data from the National Center for Education Statistics to rank all bachelor’s degree-granting schools based on net price — the annual cost of tuition, books, room and board, minus any financial aid — for full-time, first-time degree-seeking undergraduates students who received grant or scholarship aid for the 2018-19 school year.

For a detailed breakdown of the data, click here.

This story was originally published by 24/7 Wall St., a news organization that produces real-time business commentary and data-driven reporting for state and local markets across the country.