Is Columbia a Good School for the Money?
Columbia University in the City of New York Value Report
Is a Columbia degree worth it? Only you know for sure, but College Factual's value analysis can help answer that question. Keep reading for more.
Within New York, Columbia is a Great Quality for a Fair Price.
Columbia University in the City of New York is ranked #4 out of #132 in New York for quality and #54 out of #113 for New York value.
This makes it a great quality for a fair price in the state.
Live in-state? You may qualify for a reduced price. Check the Columbia financial aid page to be sure.
Fair Value Nationwide
Columbia University in the City of New York is ranked #700 out of 1,472 for value nationwide.
Compared to other schools of similar quality, Columbia University in the City of New York is priced appropriately for the kind of quality provided and is thus a fair value according to College Factual's Best for the Money Ranking.
Prices of Institutions with Similar Quality Scores
| School | Total Price | Value Grade |
|---|---|---|
| Davidson College | $164,912 | A- |
| College of the Holy Cross | $204,792 | C+ |
| Emory University | $211,052 | C+ |
| Bowdoin College | $215,489 | C |
| Colgate University | $216,995 | C |
| Columbia University in the City of New York | $220,383 | C |
| Middlebury College | $223,056 | C |
| Wesleyan University | $224,016 | C |
| Wake Forest University | $230,753 | C |
| Carnegie Mellon University | $238,042 | C |
| Washington University in St Louis | $241,044 | C |
*Total price is determined by multiplying average annual cost by time to graduate.
We're Looking at a Total Cost of $220,383 for a Columbia Degree
The average Columbia student's degree will cost an estimated $220,383. This is based on an average price (with and without aid) of $53,491 and a typical 4.12 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $53,491 |
| Average Years to Graduate | 4.12 |
| Estimated Avg Total Cost of Degree | $220,383 |
Many Factors Affect Net Price
Consider the average Columbia student takes 4.12 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your Columbia degree may cost less than average.
Does This School Make Financial Sense To You?
Net price can vary based on your unique situation.
Look at the table below to get a sense of how Columbia value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $323,593 | #797 | C |
| All Students | $220,383 | #700 | C |
| Only Students Receiving Aid | $151,575 | #381 | B |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $323,593 | #52 | C |
| All Students | $220,383 | #54 | C |
| Only Students Receiving Aid | $151,575 | #31 | B |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of New York.
About 58% of Columbia students receive financial aid. Get more details on what Columbia financial aid you may qualify for.
How to Calculate Value
College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
References
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College Factual's Best for the Money Ranking Methodology.
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