New Jersey College Named #4 ‘Best Bang for the Buck’
the Going to college can be a fun time, but it can also be very stressful. On top of worrying about getting good grades and picking the right career path, students often have to worry about expenses. Going to an affordable school can make a huge difference for students. It can also make a big difference for parents who might be helping to pay for school. Well, one New Jersey college has been named the No. 1 best “bang for your buck” in the Northeast.
The new ranking comes from the Washington Monthly. It’s called their “America’s Best Bang for the Buck Colleges,” and its their “exclusive list of schools ranked according to how well they help non-wealthy students attain marketable degrees at affordable prices—grouped by region.” They added that, “The list is created by isolating the social mobility metrics from the main rankings of four-year institutions.”
For more methodology, the Washington Monthly began with the “1,586 colleges in the 50 states that are listed in the U.S. Department of Education’s Integrated Postsecondary Education Data System (IPEDS) and have a 2021 Carnegie basic classification of doctoral, master’s, and baccalaureate colleges, are not exclusively graduate colleges, participate in federal financial aid programs, and had not announced an impending closure as of June 1, 2023.” They also excluded certain colleges based on criteria. Also, find the full methodology here.
New Jersey College Named #1 ‘Best Bang for the Buck’
Looking at the Northeast, MA Maritime Academy in Massachusetts is No. 1, followed by University of Pennsylvania at No. 2. Then, there’s the MA Institute of Technology in Massachusetts at No. 3. New Jersey’s Princeton University is at No. 4, which is a great spot. New Jersey is also at No. 10 with Rutgers University–Newark. Also, New Jersey Institute of Tech. is No. 24. Moreover, find the full tally of schools with the best bang for your buck here.