Valpo ranks #214 out #665 colleges that Money mag. released today(7/28/14) Not bad - upper third but could be better. Onward and upward. :clap:
Any familiar names in the next 50 above us?
Our beloved Butler U. ranked #419. Others: DePauw 134,William Jewel 156, Wabash also 214,Gettysburg 138,St. Olaf 359 and so on. :thumbsup:
DePauw I can see at 134, but William Jewel at 156 ??? Whoa. Must be a value-based thing. Best educational bang for the buck?
I remember Butler giving me nearly 2x the scholarship $ that Valpo did and still being higher in tuition costs, never mind room and board in Indianapolis vis-a-vis NWI. For reference sake, this was in 2006. That BU is that far down the list comes as no surprise to me.
Went to the article and saw where Harvard is 6th and NUMBER 1 is Babson College (also in Boston area).
Here's a scrape from the article on how they arrived at their ranking:
Quality of Education (1/3 weighting)
Six-year graduation rate (25%), which is widely recognized as one of the most important indicators of a college's quality
Peer quality (15%), measured by the standardized test scores of entering freshman
Instructor quality (15%), measured by the student-to-faulty ratio and the college's average grade from Ratemyprofessor.com.
Students' perception of quality (20%), measured by the percentage of accepted students who enroll in that college, known as yield
Value-added graduation rate (25%), or the difference between a school's actual graduation rate and its expected rate, based on the economic and academic profile of the student body (measured by the percentage of attendees receiving Pell grants given to low-income students and the average standardized test scores of incoming freshmen)
Affordability (1/3 weighting)
Net price of a degree (40%), or the estimated amount a typical freshman starting in 2014 will pay to earn a degree taking into account the college's sticker price; the school's average need, merit, and athletic financial aid; tuition inflation; and the average time it takes students to graduate from the school
Debt (40%), taking into account both student debt upon graduation (20%) and parent federal PLUS loans (20%)
Student loan default risk (10%), a calculation of the odds that a student at the college will end up being unable to pay back a federal student loan
Value-added student loan default risk (10%), adjusted for the economic and academic profile of the student body
Outcomes (1/3 weighting)
Early (20%) and mid-career earnings (10%), as reported to Payscale.com by a school's alumni
Earnings adjusted by majors (30%) to see whether students at a particular school earn more or less than would be expected given the mix of majors at that school
Value-added earnings (30%), adjusted for the economic and academic profile of each school's student body
Career services (10%), staffing per 1,000 students