Kiplinger: St. Lawrence Best College Value for 2017
Kiplinger’s Personal Finance has once again included St. Lawrence University on its list of the Top 300 Best College Values of 2017.
Introduced in 1998, the rankings now combine public schools, private universities and private liberal arts colleges into a single, comprehensive list. Kiplinger also ranked the top 100 best values in each category. St. Lawrence remained at number 67 in this year’s list of 100 Best Value in Private Liberal Arts Colleges.
Kiplinger’s annual list of institutions of higher education includes private universities, private liberal arts colleges, and this year the top public schools, ranking the top 100 in each category. According to Kiplinger, St. Lawrence and the other institutions included in the 2016 lists represent the colleges that provide high-quality academics at a reasonable cost. They exemplify the attributes parents and students look for in higher education, including small class sizes, a good first-year student retention rate and a high four-year graduation rate, Kiplinger says.
According to the National Association of Independent Colleges and Universities, each institution has an array of financial, academic and other factors that students need to consider when looking at college costs. In addition, students at private colleges are more likely to graduate within four years than those at public institutions, according to the Council of Independent Colleges.
Nearly 97 percent of all of St. Lawrence University undergraduate students receive some form of financial aid – which may include any combination of gift aid, federal grants and loans, and on-campus employment – with the average aid package totaling $37,751 for the 2016-17 academic year.
Kiplinger’s quality measures, which are weighted more heavily than cost, include the admission rate, the percentage of students who return for sophomore year, the student-faculty ratio and the four-year graduation rate. Cost criteria include sticker price, financial aid and average debt at graduation. Unlike other rankings, which include subjective criteria in their assessments, Kiplinger restricts its analysis to measurable standards of academic quality and affordability. Kiplinger’s was the first ranking to focus on value, their core mission.
The complete rankings are now available online at kiplinger.com/links/colleges and will appear in print in the February 2017 issue of Kiplinger’s Personal Finance, available January 3.
St. Lawrence also made Time’s Money.com 31 Test-Optional Best Colleges. St. Lawrence’s Office of Admissions takes into consideration a host of factors when admitting students, including high school grades, extracurricular activities and in-person interviews with admissions counselors. While St. Lawrence doesn’t require SAT or ACT scores for admissions, it will still accept scores if submitted.
To view more St. Lawrence rankings and achievements, visit the Accolades web page.