Annual cost of Ivy League degree nears $85K, causing sticker shock

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Annual cost of Ivy League degree nears $85K, causing sticker shock
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The cost of a four-year degree at Ivy League schools surpasses $320,000 at some institutions.

Prospective Ivy League students and their families are facing sticker shock as the cost of attending the elite colleges surges toward $85,000 per year.

The rising costs could cause even high-achieving students to think twice about whether the degree is worth it, economist Beth Akers“At some point, that math stops working out,” said Akers, who works for the right-leaning American Enterprise Institute. “We get to a place where these degrees are just no longer worth it.”

The University of Pennsylvania ranked second on Bloomberg’s list with an all-in-cost of $84,570, followed by Cornell University with a price tag of $84,568.

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