Top 10 Best Colleges for the Money

February 14, 2018

 

Are you planning to go to college? If so, you have a lot of choices. From large universities to small town colleges, and everything in between, the choices are practically endless. For some, choosing a college is easy. For others, it can be extremely difficult to narrow down their choices. And for almost everyone, it’s one of the most important decisions they will ever make. Add to that several other factors, not the least of which is the cost, and the decision can get very tough. Ultimately, you want to make the right choice because in reality a college education is an investment in your future. So how do you make your choice?

 

Several Key Factors to Determine the Rankings

 

Of course, money is not the only issue. There are several important factors to choose from, including quality of education and programs, alumni success after college, location and yes affordability. Money magazine recently ranked the best colleges for 2017-2018 from 1-711, after looking at 2,400 different colleges. Money used 27 different data points to come up with its rankings. The magazine used the advice and research of some of the nation’s top education experts to determine the country’s highest performing colleges. Here’s a look at the top 10 best colleges for the money, based on that research.

 

1. Princeton University, Princeton, NJ

Median SAT/ACT score – 1500/33

Estimated price 2017-18 without aid – $65,300

Estimated price 2017-18 with avg. grant – $19,300

Percentage of students with a need who get grants – 100%

Percentage of students who get merit grants – N/A

Early career earnings – $67,600

 

2. CUNY Bernard M Baruch College, New York, NY

Median SAT/ACT score – 1240/NA

Estimated price 2017-18 without aid – $31,400

Estimated price 2017-18 with avg. grant – $9,800

Percentage of students with a need who get grants – 80%

Percentage of students who get merit grants – 10%

Early career earnings – $51,600

 

3. University of Michigan-Ann Arbor, Ann Arbor, MI

Median SAT/ACT score – 1380/31

Estimated price 2017-18 without aid – $29,500

Estimated price 2017-18 with avg. grant – $17,000

Percentage of students with a need who get grants – 85%

Percentage of students who get merit grants – 16%

Early career earnings – $61,200

 

4. University of California-Berkeley, Berkeley, CA

Median SAT/ACT score – 1330/32

Estimated price 2017-18 without aid – $37,200

Estimated price 2017-18 with avg. grant – $17,900

Percentage of students with a need who get grants – 96%

Percentage of students who get merit grants – 6%

Early career earnings – $62,100

 

5. University of California-Los Angeles. Los Angeles, CA

Median SAT/ACT score – 1330/30

Estimated price 2017-18 without aid – $35,300

Estimated price 2017-18 with avg. grant – $14,900

Percentage of students with a need who get grants – 96%

Percentage of students who get merit grants – 3%

Early career earnings – $53,300

 

5. Stanford University, Stanford, CA

Median SAT/ACT score – 1480/26

Estimated price 2017-18 without aid – $68,100

Estimated price 2017-18 with avg. grant – $20,800

Percentage of students with a need who get grants – 97%

Percentage of students who get merit grants – N/A

Early career earnings – $70,300

 

7. University of California-Irvine, Irvine, CA

Median SAT/ACT score – 1160/26

Estimated price 2017-18 without aid – $33,900

Estimated price 2017-18 with avg. grant – $15,800

Percentage of students with a need who get grants – 93%

Percentage of students who get merit grants – 2%

Early career earnings – $52,000

 

8. Massachusetts Institute of Technology, Cambridge, MA

Median SAT/ACT score – 1500/34

Estimated price 2017-18 without aid – $67,800

Estimated price 2017-18 with avg. grant – $23,400

Percentage of students with a need who get grants – 96%

Percentage of students who get merit grants – N/A

Early career earnings – $77,000

 

9. University of California-Davis, Davis, CA

Median SAT/ACT score – 1210/28

Estimated price 2017-18 without aid – $36,300

Estimated price 2017-18 with avg. grant – $18,200

Percentage of students with a need who get grants – 96%

Percentage of students who get merit grants – 4%

Early career earnings – $53,000

 

10. Harvard University, Cambridge, MA

Median SAT/ACT score – 1510/34

Estimated price 2017-18 without aid – $68,600

Estimated price 2017-18 with avg. grant – $17,000

Percentage of students with a need who get grants – 99%

Percentage of students who get merit grants – N/A

Early career earnings – $65,000

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