“Money” has come out with a ranking of the best value colleges that we figured we’d bring to the attention of our readers. So which college tops the ranking? It may surprise you! The answer is Babson College. According to “Money,” “Using unique measures of educational quality, affordability, and career outcomes, Money’s new value rankings will help you and your child find the right school at the right price.” If you’d like to read more about “Money’s” methodology in determining the best value colleges, be sure to comb through the piece.
So which university follows Babson College, this year’s winner? That would be Webb Institute on Long Island. Alright, moving on. Coming in third is the Massachusetts Institute of Technology. Because MIT and the Webb Institute totally belong in the same sentence, right? Placing fourth is Princeton University followed by: Stanford University, Harvard University, Harvard Mudd College, Cooper Union (tuition used to be free at Cooper Union — talk about great value!), Brigham Young University, and the California Institute of Technology. Did you ever think you’d see a ranking that included MIT, Harvard, Princeton, Caltech, Stanford, and…the Webb Institute. We sure didn’t!
But “Money” seems to think the Webb Institute in Glen Cove, New York is a great value. Who knew? Apparently, “Every Webb student who is either a U.S. citizen or a green card holder is entitled to a full-tuition scholarship, worth $44,000. Webb alums typically earn about $65,000 a year.” $65,000 a year doesn’t seem so high to us over the course of a career but if tuition is free, it makes sense why Webb would nearly top this ranking.