The Best Colleges With Tuition Under $20K

·4 min read
wellesenterprises / Getty Images
wellesenterprises / Getty Images

You, as a parent, want the best education possible for your child. Or, if you're a student, you might be dreaming about an Ivy League college or one of the most prestigious private campuses offering a world-class education.

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But then there's the sticker shock. Stanford University and the Massachusetts Institute of Technology both cost about $58,000 a year for tuition and fees - room and board not included. At Vanderbilt University, it's $60,000-plus.

A great college education doesn't need to put you hundreds of thousands of dollars in debt, though. GOBankingRates examined the 2022 Best National University Rankings list from U.S. News & World Report to identify the 25 highest-ranking schools with tuition and fees for the 2022-23 school year below $20,000. The list includes some of the nation's elite public universities, and all of them fall into the top 70 of the publication's rankings.

Read on to learn which are the list of the best colleges and universities in the United States with tuition and fees less than $20,000 a year.

Wolterk / iStock.com
Wolterk / iStock.com

University of California -- Los Angeles

  • Location: Los Angeles

  • Tuition and fees for 2022-23: $13,804

  • 4-year graduation rate: 83%

  • 6-year graduation rate: 92%

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lucentius / Getty Images/iStockphoto
lucentius / Getty Images/iStockphoto

University of California -- Berkeley

  • Location: Berkeley, California

  • Tuition and fees for 2022-23: $14,796

  • 4-year graduation rate: 79%

  • 6-year graduation rate: 93%

tiny-al / Getty Images/iStockphoto
tiny-al / Getty Images/iStockphoto

University of Michigan -- Ann Arbor

  • Location: Ann Arbor, Michigan

  • Tuition and fees for 2022-23: $16,178

  • 4-year graduation rate: 81%

  • 6-year graduation rate: 94%

BrianPIrwin / Getty Images
BrianPIrwin / Getty Images

University of Virginia

  • Location: Charlottesville, Virginia

  • Tuition and fees for 2022-23: $14,878

  • 4-year graduation rate: 89%

  • 6-year graduation rate: 94%

ClaudineVM / Getty Images
ClaudineVM / Getty Images

University of California -- Santa Barbara

  • Location: Santa Barbara, California

  • Tuition and fees for 2022-23: $13,104

  • 4-year graduation rate: 70%

  • 6-year graduation rate: 85%

Bryan Pollard / Getty Images
Bryan Pollard / Getty Images

University of Florida

  • Location: Gainesville, Florida

  • Tuition and fees for 2022-23: $6,380

  • 4-year graduation rate: 72%

  • 6-year graduation rate: 91%

Ryan Herron / Getty Images
Ryan Herron / Getty Images

University of North Carolina -- Chapel Hill

  • Location: Chapel Hill, North Carolina

  • Tuition and fees for 2022-23: $7,020

  • 4-year graduation rate: 84%

  • 6-year graduation rate: 90%

InnaPoka / Getty Images
InnaPoka / Getty Images

University of California -- San Diego

  • Location: La Jolla, California

  • Tuition and fees for 2022-23: $17,361

  • 4-year graduation rate: 73%

  • 6-year graduation rate: 89%

David Tonelson / Shutterstock.com
David Tonelson / Shutterstock.com

University of California -- Irvine

  • Location: Irvine, California

  • Tuition and fees for 2022-23: $16,245

  • 4-year graduation rate: 68%

  • 6-year graduation rate: 84%

EQRoy / Shutterstock.com
EQRoy / Shutterstock.com

Georgia Tech

  • Location: Atlanta

  • Tuition and fees for 2022-23: $11,764

  • 4-year graduation rate: 51%

  • 6-year graduation rate: 92%

BondRocketImages / Shutterstock.com
BondRocketImages / Shutterstock.com

University of California -- Davis

  • Location: Davis, California

  • Tuition and fees for 2022-23: $15,274

  • 4-year graduation rate: 62%

  • 6-year graduation rate: 87%

dszc / Getty Images
dszc / Getty Images

University of Texas -- Austin

  • Location: Austin, Texas

  • Tuition and fees for 2022-23: $13,576

  • 4-year graduation rate: 70%

  • 6-year graduation rate: 88%

Wolterk / Getty Images
Wolterk / Getty Images

University of Wisconsin -- Madison

  • Location: Madison, Wisconsin

  • Tuition and fees for 2022-23: $10,722

  • 4-year graduation rate: 69%

  • 6-year graduation rate: 89%

leightrail / Getty Images
leightrail / Getty Images

University of Illinois -- Urbana-Champaign

  • Location: Champaign, Illinois

  • Tuition and fees for 2022-23: $19,731

  • 4-year graduation rate: 71%

  • 6-year graduation rate: 85%

Wolterk / Getty Images
Wolterk / Getty Images

University of Georgia

  • Location: Athens, Georgia

  • Tuition and fees for 2022-23: $12,080

  • 4-year graduation rate: 68%

  • 6-year graduation rate: 87%

Pete Spiro / Shutterstock.com
Pete Spiro / Shutterstock.com

Ohio State University

  • Location: Columbus, Ohio

  • Tuition and fees for 2022-23: $12,485

  • 4-year graduation rate: 67%

  • 6-year graduation rate: 88%

Rodrigo A. Rodriguez Fuentes / Getty Images
Rodrigo A. Rodriguez Fuentes / Getty Images

Purdue University

  • Location: West Lafayette, Indiana

  • Tuition and fees for 2022-23: $9,992

  • 4-year graduation rate: 60%

  • 6-year graduation rate: 83%

Nagel Photography / Shutterstock.com
Nagel Photography / Shutterstock.com

Florida State University

  • Location: Tallahassee, Florida

  • Tuition and fees for 2022-23: $5,666

  • 4-year graduation rate: 70%

  • 6-year graduation rate: 83%

Steven Frame / Shutterstock.com
Steven Frame / Shutterstock.com

University of Maryland

  • Location: College Park, Maryland

  • Tuition and fees for 2022-23: $11,233

  • 4-year graduation rate: 72%

  • 6-year graduation rate: 88%

bgwalker / Getty Images
bgwalker / Getty Images

University of Pittsburgh

  • Location: Pittsburgh

  • Tuition and fees for 2022-23: $19,760

  • 4-year graduation rate: 69%

  • 6-year graduation rate: 84%

benedek / Getty Images
benedek / Getty Images

University of Washington

  • Location: Seattle

  • Tuition and fees for 2022-23: $12,076

  • 4-year graduation rate: 71%

  • 6-year graduation rate: 84%

benedek / Getty Images
benedek / Getty Images

Penn State University

  • Location: University Park, Pennsylvania

  • Tuition and fees for 2022-23: $18,898

  • 4-year graduation rate: 55%

  • 6-year graduation rate: 73%

luvemakphoto / Getty Images
luvemakphoto / Getty Images

Rutgers University -- New Brunswick

  • Location: New Brunswick, New Jersey

  • Tuition and fees for 2022-23: $16,263

  • 4-year graduation rate: 68%

  • 6-year graduation rate: 84%

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

University of Connecticut

  • Location: Storrs, Connecticut

  • Tuition and fees for 2022-23: $19,434

  • 4-year graduation rate: 72%

  • 6-year graduation rate: 83%

Ken Wolter / Shutterstock.com
Ken Wolter / Shutterstock.com

Indiana University -- Bloomington

  • Location: Bloomington, Indiana

  • Tuition and fees for 2022-23: $11,446

  • 4-year graduation rate: 69%

  • 6-year graduation rate: 81%

Methodology: GOBankingRates examined the U.S. News & World Report's 2022 Best National University Rankings list and identified the 25 highest-ranking schools with tuition and fees for the 2022-23 school year below $20,000. Information on each school's location and enrollment were provided from U.S. News & World Report. Tuition and fees were sourced from each university's website and include mandatory all-student fees, but exclude fees such as housing, dining, transportation and other variable costs associated with attendance. Tuition rates for full-time freshmen were selected where variable estimates were provided. Supplemental data on each school's four- and six-year graduation rates for students pursuing bachelor's degrees who began in 2015 was sourced from the National Center for Education Statistic's College Navigator.  All data was compiled on and up to date as of Aug. 3, 2022.

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This article originally appeared on GOBankingRates.com: The Best Colleges With Tuition Under $20K