Here's the No. 1 Dream College for High School Students Today (It Has a Giant Price Tag, But It's Not in the Ivy League)
It's also one of the toughest schools to get into.
ByAmanda Breen•
Collegeacceptances (and rejections) have been rolling in, andhigh school studentsare considering their options ahead of National College Decision Day on May 1.
The school at the top of students' lists? It's notHarvard, Princeton, Yale or any others in the Ivy League, but The Massachusetts Institute of Technology, according toThe Princeton Review's2023 College Hopes & Worries Survey.
Students gaveStanford Universityand Harvard College the second and third spots on their lists, while parents ranked Princeton University first for their children, followed by Harvard College and Stanford University, per the survey.
MIT is one of the most difficult schools to get into with an acceptance rate ofjust under 4%, and it's also one of the most expensive: Tuition and fees, room and board and other student expenses totaled upwards of $79,000 this year,CNBCreported.
The survey revealed that 53% of students and 55% of parents sayfinancial aidin the form of education loans, scholarships or grants will be "extremely" important in paying for college.
Additionally, the level of debt taken on to fund the degree emerged as both students' and parents' biggest concern about the application process.
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But many students and parents anticipate a major payoff anyway: 99% of respondents said they believe college will be "worth it," and 46% named the potential for a better job and higher income as the biggest benefit of a college degree.
