LEXINGTON, Ky. (Feb. 9, 2018) – Transylvania University has been named in The Princeton Review’s 2018 edition of “Colleges That Pay You Back: The 200 Schools That Give You the Best Bang for Your Tuition Buck.”
Transylvania, which has long aimed to keep its tuition and fees competitive with the top colleges in the nation, currently it costs almost $10,000 less than the average top-100 private liberal arts college. Students graduate with 15 percent less debt than the average private school borrower.
This annual guidebook, now in its fourth year, is the education services company’s resource for college-bound students and their parents shopping for affordable, academically outstanding colleges that graduate their students to successful, rewarding careers.
The full lists, profiles and information on the project methodology are accessible at www.princetonreview.com/colleges-pay-you-back.
The Princeton Review chose the 200 schools for this edition based on a comprehensive analysis of data from its surveys of administrators at more than 650 colleges in 2016-17. Survey topics broadly covered academics, cost, financial aid, career services, graduation rates, student debt and alumni support.
The company also factored in data from PayScale.com surveys of alumni of the schools about their starting and mid-career salaries and job satisfaction. In all, more than 40+ data points were crunched to select the 200 schools for the book and tally its seven ranking lists.
Only 7 percent of the nation’s four-year colleges made it into this book, noted Robert Franek, its lead author and The Princeton Review’s editor-in-chief.
These schools were bona fide standouts for the return they deliver on one’s college investment. They offer stellar academics, generous aid awards to students with need and/or merit and provide all of their undergrads with career services from day one plus a lifetime of alumni connections.
Extraordinary Facts About the Colleges That Pay You Back 2018 Edition
Among the 200 colleges (135 private and 65 public) in the book:
- the average grant to students with need is $26,800
- the median starting salary of graduates is $55,700 and mid-career salary is $108,700.