Money.com came out with a list of the 50 best colleges based on a certain set of criteria. They looked at all of the colleges and universities in the United States, trying to figure out which colleges offered a great education with a reasonable tuition and would lead students to a career that kept them financially stable. They sorted through the 1,500 schools by including those that had a “graduation rate at or above the median in its category (public or private)” and then continued to eliminate schools without enough data or with financial problems.
After this screening process, they then rank the remaining 664 colleges on 17 factors in educational quality, affordability and alumni earnings. They also graded them based on the economic and academic background of the students as well as the most popular majors.
The top 10 colleges were:
- Babson College in Wellesley, MA
- Webb Institute in Glen Cove, NY
- Massachusetts Institute of Technology in Cambridge, MA
- Princeton University in Princeton, NJ
- Stanford University in Stanford, CA
- Harvard University in Cambridge, MA
- Harvey Mudd College in Claremont, CA
- Cooper Union for the Advancement of Science and Art in New York, NY
- Brigham Young University in Provo, UT
- California Institute of Technology in Pasadena, CA
To see the entire list as well as the established net price of a degree at each of the institutions, as well as the early career earnings of the average student at each of the institutions, click here.
Fun Facts about these schools:
- Babson only offers one degree, a B.S. in Business.
- Webb has a total of around 80 undergrads.
- At MIT, 25% of the students got a perfect on their math SAT.
- Princeton is the most affordable member of the Ivy League
- Stanford is everyone’s dream school according to a Princeton Review survey.
- Harvard has the largest university library in the world.
- Harvey Mudd is the second largest producer of Ph.D’s in science and engineering.
- Daniel Libeskind, who designed the Freedom Tower in NYC graduated from Cooper Union.
- If you are Non-Mormon at BYU, you’re tuition is twice as much as church members.
- Freshmen take all course pass/fail to ease into school at California Institute of Technology.
What do you think of Money.com’s new college rankings?
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