JACKSON, Tenn. – Oct. 17, 2013 – Kiplinger’s Personal Finance has included Union University on its list of the country’s best values in private colleges.
Kiplinger’s annual list ranks 100 private universities and 100 liberal arts colleges, and Union ranked 77th among the best private universities in the nation.
“To be included in Kiplinger’s list of 100 top private universities in the country means much to the entire Union University community,” Union President David S. Dockery said. “The listing not only points to high quality academic offerings at Union, but to value, affordability and accessibility. All of us at Union University are highly honored by and deeply grateful for this important recognition.”
Union and the other schools included in the 2014 lists represent the colleges that provide high-quality academics at a reasonable cost during tough economic times, Kiplinger’s said. The colleges exemplify the attributes parents and students look for in higher education, including small class sizes, a good freshman retention rate and a high four-year graduation rate. Many schools, including Union, have appeared on the list multiple times.
Although private schools generally carry higher sticker prices than in-state prices at public schools, private schools can actually be cheaper than public schools because of their generous financial aid. Of the 100 schools on the list, only five had a lower cost than Union.
Kiplinger’s rankings measure academic quality and affordability. Academic criteria include the student admission rate (the number of students accepted out of those who apply), the test scores of incoming freshmen, the ratio of students to faculty members and the four- and five-year graduation rates.
On the cost side, Kiplinger’s measures the sticker price, the availability and average amount of need-based and merit-based financial aid and the average student debt at graduation.
The full list is available online at www.kiplinger.com/links/college.