Kiplinger’s Personal Finance released its annual 100 Best Values in Public Colleges list today based on outstanding education and economic value and awarded the University of Georgia the No. 6 spot.
Georgia Tech earned the 31st spot on the list.
For the 11th year in a row, the University of North Carolina at Chapel Hill took first place. The rest of the top five in order are the University of Florida, the University of Virginia, the College of William and Mary and the New College of Florida.
North Georgia College and State University landed in 88th place.
According to a release on the Kiplinger’s list:
The total cost of private colleges has recently averaged almost $39,000 a year, more than twice the average annual in-state sticker price–roughly $17,000–at public schools. A third of the public schools on Kiplinger’s top-100 list charge about the same as or less than that average amount, an indication of the emphasis Kiplinger’s places on affordability. Plus, the deals aren’t restricted to in-state students.
At UNC-Chapel Hill, out-of-state students pay $37,500 a year, not inconsiderable but far less than the $54,000-plus costs of nearby competitors Duke and Wake Forest. UNC-Chapel Hill provides the same level of financial aid to both in-state and out-of-state students.
Other terrific bargains on the list include North Georgia College and State University (number 88), which runs less than $14,000 a year for in-state total cost and keeps average debt at graduation at $10,000. The University of Sciences and Arts of Oklahoma (number 93) charges $11,230 to in-state students and $18,200 to out-of-staters, making it the lowest-cost institution on the list.
“As states cut funding for higher education and tuition continues to climb, the word “value” becomes more significant than ever,” said Jane Bennett Clark, senior editor at Kiplinger’s Personal Finance. “This year’s top 100 public schools deliver strong academics at reasonable prices. We applaud these institutions for tightening their belts without compromising quality.”
Kiplinger’s assesses quality and affordability according to a number of measurable standards. This year, Kiplinger’s revamped the rankings to give more weight to academic value, such as the percentage of students who return for sophomore year and the four-year graduation rate. Cost criteria include low sticker prices, abundant financial aid and low average debt at graduation.
–From Maureen Downey for the AJC Get Schooled blog