Includes Centre, Berea College, Transy and UofL
LEXINGTON, Ky. (Dec. 20, 2016) — Kiplinger’s Personal Finance has ranked four Kentucky institutions in its lists of Best College Values of 2017.
Among liberal arts schools, Centre College is ranked 34th, Berea College 42nd and Transylvania University 60th. Among public colleges the University of Louisville is ranked 76th.
Kiplinger’s ranked schools based on its definition of value: a quality education at an affordable price. For each list, Kiplinger’s examined academic measures, including how competitive admission to a school is and how efficiently it gets students to their degree.
Then they looked for schools with reasonable price tags, generous financial aid or both. Lists also include future earnings data for each school.
UofL has a 26 percent 4-year graduation rate, with an average annual cost of $20,594 ($11,571 cost after need-based aid) for in-state students and $35,616 ($26,593) for out-of state students. The average debt after graduation was $24,179 and the salary yardstick $40,700.
Centre has an 83 percent 4-year graduation rate, with an average annual cost of $50,750 and a $26,886 average need-based aid. The average debt after graduation was $28,515 and the salary yardstick $43,300.
Berea College has a 45 percent 4-year graduation rate, with an average annual cost of $7,742 (all students admitted receive a 4-year tuition scholarship of $24,900 for the 2016-17 academic year.) The average debt after graduation was $7,928 and the salary yardstick $33,400.
Transylvania has a 70 percent 4-year graduation rate, with an average annual cost of $46,690 ($23,663 average need-based aid). The average debt after graduation was $26,937 and the salary yardstick $39,700.
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