Top 15 Most Famous Colleges For Wealthy People In The US
Throughout American history, attending university has resulted in increased social and economic mobility. However, while colleges can help low-income individuals increase their earning power and reduce overall income inequality, many universities cater to the wealthy, attracting mostly students from high-income families. These colleges are typically small, private institutions with low student-to-faculty ratios and liberal arts curricula.
According to New York Times research, several of the colleges on this list — Washington and Lee University, Bucknell University, Kenyon College, Elon University, Boston College, Muhlenberg College, Lafayette College, and the University of Notre Dame — have more students enrolled from the top 1% of wealthy families than students from the bottom 60% of the income scale combined.
While elite schools cater to the wealthy, schools with the wealthiest student bodies vary in terms of selectiveness and competitiveness. Wealthy schools such as the University of Notre Dame, Washington and Lee University, and Boston College are among the most difficult to gain admission to, whereas schools such as Massachusetts Maritime Academy, Saint Michael’s College, and Roger Williams University are less selective, with acceptance rates exceeding 85%.
Median family income of student body: $113,111
Published tuition and fees: $59,502
Acceptance rate: 41.3%
Median family income of student body: $117,152
Published tuition and fees: $51,325
Acceptance rate: 56.1%
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Median family income of student body: $112,797
Published tuition and fees: $37,921
Acceptance rate: 71.7%
Median family income of student body: $121,853
Published tuition and fees: $54,388
Acceptance rate: 53.9%
Most popular major: Business, management, marketing, and related support services
Undergraduate enrollment: 4,298
Median family income of student body: $117,032
Published tuition and fees: $55,952
Acceptance rate: 53.1%
Median family income of student body: $115,740
Published tuition and fees: $57,285
Acceptance rate: 24.5%
Median family income of student body: $114,619
Published tuition and fees: $49,416
Acceptance rate: 82.2%
Median family income of student body: $112,232
Published tuition and fees: $57,699
Acceptance rate: 19.0%
Median family income of student body: $123,136
Published tuition and fees: $42,840
Acceptance rate: 76.2%
Most popular major: Health professions and related programs
Undergraduate enrollment: 2,019
Median family income of student body: $111,920
Published tuition and fees: $48,175
Acceptance rate: 87.8%
Median family income of student body: $114,495
Published tuition and fees: $44,890
Acceptance rate: 81.1%
Median family income of student body: $114,021
Published tuition and fees: $54,416
Acceptance rate: 59.0%
Median family income of student body: $111,649
Published tuition and fees: $38,080
Acceptance rate: 77.0%
Median family income of student body: $111,580
Published tuition and fees: $58,554
Acceptance rate: 35.4%
Median family income of student body: $111,824
Published tuition and fees: $58,650
Acceptance rate: 61.8%
Some of the wealthiest schools have luxury amenities that make the stereotype of the “broke college student” seem out of place. Higher admission rates are associated with three factors: legacy preferences for children of alumni, higher non-academic ratings, and athletic recruitment.
The list of Most Famous Colleges For Wealthy People In The US above is compiled based on median family income of student body. All colleges in the list have median family income of student body more than $110,000.
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