Several Indiana higher education institutions are listed among The Best Value Colleges for public and private schools. The Princeton Review says the 209 schools that made its 2022 rankings share three features: stellar academics, affordable cost, and strong career prospects for graduates.
The Indiana schools included in the rankings for private schools are Rose-Hulman Institute of Technology at No. 20, Wabash College at No. 29, and the University of Notre Dame at No. 36. Purdue University West Lafayette ranks No. 17 in the public schools category.
“Providing a high quality and value-added educational environment in our classrooms, laboratories and student life services is paramount to our mission,” said Rose-Hulman President Robert Coons. “We’re glad to see our efforts being recognized nationally, especially since The Princeton Review’s rankings are based upon surveys of our students and statistical analysis of our alumni successes in their career fields. Those successes are reflections of an institution’s return on investment.”
The rankings are based on data collected from The Princeton Review’s institutional and student surveys, as well as data from PayScale.com on alumni career and salary statistics. More than 40 data points were weighted, covering academics, financial aid, debt, graduate rates, and career and salary data.
“The schools we chose as our Best Value Colleges for 2022 are a select group: they comprise only about 7% of the nation’s four-year undergraduate institutions,” said The Princeton Review Editor-in-Chief Rob Franek. “We commend their administrators, faculties, staff, and alumni for all they are doing to educate their students and guide them to success in their careers.”
College costs were also factored into the rankings, starting with the sticker price, or cost of attendance, which includes tuition, required fees, and room and board. The Princeton Review then subtracted the average gift aid, such as scholarships and grants, awarded to students.