There Are Now 50 Colleges That Charge More Than $60,000 Per Year

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New York University NYU Students Graduation Commencement

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As the average cost of higher education in America continues to rise, at least 50 American colleges and universities are now charging students more than $60,000 per year.

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We found these numbers by examining the average cost of tuition, fees, room, and board that an incoming student would face over the 2014-15 academic year. Check out a more in-depth breakdown of the 20 most expensive colleges here >>

While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education - students are also responsible for paying for textbooks, travel costs, and, of course, any social expenses. These "indirect costs" can often add up to an extra $2,000.

The most expensive school in the country for the upcoming school year is Harvey Mudd College, charging $64,527 - $48,694 in tuition and fees, and $15,833 for room and board.

Last year, only nine colleges charged more than $60,000. New York University - then the most expensive school - cost $61,977.

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Here are the 50 colleges and university that now charge more than $60,000 a year:

Colleges 60K List Graphic

Mike Nudelman/Business Insider

Jill Comoletti contributed research to this article.