Publication Names Top 100 College Values

 

Knowledge is power – especially when you can acquire knowledge at a good price, suggests Victory State Bank, Staten Island’s only community-based business bank.

The bank advises students and their families to proactively research colleges and universities from both an educational and financial standpoint. But how do you determine if the education being offered is a good value?

The bank points a report by Consumers Digest as a potential starting point. One hundred colleges and universities out of some 2,000 U.S. schools that offer four-year degrees were recently ranked as the top values by the magazine.

The rankings are based on attributes that validate or define the institutions' academic prowess factored against annual cost of tuition, fees, and room and board.

CD's Top 100 College Values accompanied an article titled "The Price of Admission: How to Make Higher Education More Affordable," and in his Editor's Note that introduces the report, Editor Rich Dzierwa pointed out that many colleges and universities refrain from any attempt to cut costs for fear that a lower cost of attendance will be seen by parents and students as a knock on the school's quality.

Adding fuel to the fire, some of the entities that rank schools actually reward institutions for spending more revenue per student.

Among 50 public institutions cited, Truman State University ranked No. 1.

Among 25 private institutions, Princeton University took top honors. Among 25 private liberal-arts schools, Amherst College held the first slot.

The rankings, published in Consumers Digest's June issue, were derived from a formula that blends the academic excellence of first-time freshmen at a school (standardized test scores, high-school rank, grade-point average) with the institution's educational quality (4- and 6-year graduation rates, student-retention rate, percentage of faculty holding a Ph.D.). That "value index" score was factored with the cost of attending each school to determine which schools offered the most academic value per dollar.

 

According to the research, the Top 5 Values in Public Colleges and Universities are:

1)      Truman State University (Kirksville, Mo.)

2)      California Polytechnic State University (San Luis Obispo, Calif.)

3)      University of Minnesota-Morris (Morris, Minn.)

4)      University of Tennessee-Knoxville (Knoxville, Tenn.)

5)      Stony Brook University (Stony Brook, N.Y.)

Top 5 Values in Private Colleges and Universities

1)      Princeton University (Princeton, N.J.)

2)      Yale University (New Haven, Conn.)

3)      University of Pennsylvania (Philadelphia)

4)      University of Notre Dame (South Bend, Ind.)

5)      Stanford University (Palo Alto, Calif.)

Top 5 Values in Private Liberal-Arts Schools

1)      Amherst College (Amherst, Mass.)

2)      Wellesley College (Wellesley, Mass.)

3)      Pomona College (Claremont, Calif.)

4)      Williams College (Williamstown, Mass.)

5)      Haverford College (Haverford, Penn.)

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at www.VictoryStateBank.com.

 

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