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Checking Out the Cost of College: Graduate School

by Margaret A. Munro
Source: John Wiley & Sons, Inc.
Topics: College Costs, Managing Your Money, Other College Savings Plans and Ideas, College Financial Planning

If your student has a burning desire to advance his knowledge for the sake of advancing knowledge, if he absolutely must find a way to cure the common cold in man or beast, or if the halls of academia beckon him professionally, your student may be on his way to graduate school, which is an additional cost to the four-year degree. Figure 2-6 shows you the costs of popular graduate school programs across the country.

University Tuition (in Dollars)
  2002-2003 2007-2008 2012-2013 2017-2018
  In-State Out-of-State In-State Out-of-State In-State Out-of-State In-State Out-of-State
North                
University of Delaware  5,640  15,170  7,370  19,825  9,635  25,915  12,590  33,865
Harvard University (MA) 24,630  32,190  42,070  54,985 
South                
College of William and Mary (VA)  6,138  17,972  8,020  23,490  10,485  30,700  13,705  40,120
Emory University (GA)   26,770
(2003-2004)
  33,165   43,345   56,650
Midwest                
University of Michigan — Ann Arbor  12,522  23,558  16,365  30,790  21,390  40,240  27,955  52,595
Northwestern University (IL)   26,526   34,670   45,310   59,220
West                
Brigham Young University — Provo, UT*  3,980  5,970  4,930  7,395  6,445  9,665  8,420  12,635
Stanford University (CA)   27,204   35,555   46,470   60,730

*Tuition is for 2003-2004 academic year; in-state cost is actually cost for tithe-paying members of the Church of Latter-day Saints, while out-of-state cost is for all other students.
All current costs are approximate and only for one year of tuition. Future tuition costs are estimates only. Your costs may vary.

Figure 2-6: Sample yearly tuition costs for graduate schools.

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