Scranton Among Best Values in Higher Education

    Money magazine ranked The University of Scranton No. 296 among its selection of the 744 “Best Colleges in America” in a 2019 listing published online in August.
    August 16, 2019

    The University of Scranton ranked among the nation’s best values for a college education based on educational quality, affordability and alumni success, according to a 2019 ranking by Money magazine published in August. Money ranked Scranton at No. 296 among its selection if the 744 “best performing colleges” in America. Money based its ranking on its analysis of 26 data factors.

    The factors Money analyzed to determine a colleges’ “academic quality” included the six-year graduation rate, the standardized test scores of incoming freshmen, the student-faculty ratio and the graduation rate of Pell Grant recipients, among other factors. The analysis also included “value” assessments that looked at a school’s predicted graduation rates based on the academic and economic profile of its student body versus its actual graduation rates.

    The criteria used to assess “affordability” included an estimate of the “net price of a degree,” which assessed tuition, the time it takes for students to graduate, and the school’s average need- and merit-based financial aid offered to students. The “affordability” criteria also looked at student debt, student loan default rates, the affordability for low-income students and student loan default rates adjusted for the economic and academic profile of a school’s student body, in addition to other factors.

    The factors Money used to assess “outcomes” included the average salaries of alumni reported in PayScale early- and mid-career, their reported earnings at these points adjusted by major. In addition to other factors, the “outcomes” criteria also looked at socio-economic mobility index that uses data from the Equality of Opportunity Project, a study that examines the percentage of students that move from low-income backgrounds to upper-middle-class jobs before the age of 34.

    Colleges with graduation rates below the national median, that were in financial difficulty, or that had fewer than 500 undergraduates, were not included in Money’s ranking.

    Scranton has been recognized for its value in other national rankings such as U.S. News, Forbes, and The Economist.

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