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Attending a four-year university requires a long-term financial commitment, which sometimes lasts for decades. Some families are forced to take out student loans, but they never see a return on their investment. And according to experts, college tuition is only going to keep rising.
2020-09-04
Some private universities offer generous financial aid packages, while many states offer financial aid to resident students in need. We looked at Niche's 2021 rankings for the schools with the best value, measured based on tuition, net price, or the average annual cost after considering typical financial aid amounts, and the average income of alumni six years after graduating.
For each school, we've noted the tuition, net price, the average amount of financial aid each school gives its students per year, the percentage of students that actually get that aid, graduation rates, employment rates two years after graduation, and median earnings six years after graduation.
Here are the top 25 colleges with the best value in the US.
Ivan De Luce contributed reporting to a previous version of this post.
25. Babson College — Wellesley, Massachusetts
Ying Chui Cheng, left, learns about creativity with her teacher, Mary Pinard, on the Babson College campus in Wellesley. Pinard teaches creativity to business students.Janet Knott/The Boston Globe via Getty Images
24. Massachusetts Maritime Academy — Buzzards Bay, Massachusetts
Members of the Massachusetts Maritime Academy stand before participating in the Veterans Day Parade in New York on November 11, 2019.REUTERS/Andrew Kelly
23. Stevens Institute of Technology — Hoboken, New Jersey
A general view of the Stevens Ducks pitch ahead of squad training at the Stevens Institute of Technology in Hoboken, New Jersey.Ramsey Cardy/Sportsfile via Getty Images
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Joey Hadden is a travel reporter and photojournalist at Business Insider based in NYC. She covers transportation modes, alternative lifestyles, and luxury travel. Many of Joey's stories are visual features that give readers a front-row seat to her personal experiences at home and around the world.Joey graduated from St. Edward's University in May 2019 with a BA in Photocommunications. Since joining Business Insider in 2019, Joey has traveled by train in seven different countries, including overnight rides lasting up to 53 hours. She's ridden on many different train lines, including Amtrak, Via Rail, Nightjet, and the iconic Orient Express of the 21st century, among others. During her travels, she's slept in countless accommodations — five-star hotels, unique tiny homes, and private train cabins, to name a few.When traveling in North America, Joey takes readers inside the continent's wealthiest enclaves where billionaires hide away, from Jackson Hole, Wyoming, to Medina, Washington. When she's not taking trains, notes, or pictures, Joey spends her time singing and playing drums for the indie-rock band Blanket Approval.