SRU earns “Best Value” in Pennsylvania ranking
Oct. 13, 2015
SLIPPERY ROCK, Pa. - Slippery Rock University has been ranked in the Top 30 Best Value Colleges in Pennsylvania by bestvalueschools.com.
The ranking was determined using National Center for Education Statistics' College Navigator data to identify schools based on graduation rate, net price, acceptance rate and a 20-year net return on investment.
"When choosing a college, we recognize that there's no one, perfect choice for everyone," bestvalueschools.com reports. "The institutions ranked on our list are colleges that provide a blend of affordability, accessibility and quality that will appeal to most applicants."
Elements bestvalueschools.com weighed in compiling its rankings include:
• Graduation rate: defined as the number of students who complete their degree within 150 percent of "normal time" (i.e. six years for a four-year program). This accounted for 25 percent of the score.
• Net price: takes into account everything from room and board expenses and cost of living to average scholarship and financial aid packages, and tuition. This accounted for 35 percent of the score.
• Acceptance rate: the percentage of students who were accepted to the University out of all those who applied. This accounted for 25 percent of the score.
• 20-year ROI: refers to the amount of money a student will recoup after graduating college, determined by calculating the average salary of graduates and subtracting the four-year cost of tuition. This accounted for 15 percent of the score.
Schools that are ranked all deliver great value; they excel in various areas of academics, athletics, research and extracurricular activities, and most boast an annual net price of less than $23,000 a year, bestvalueschools.com noted.
"We are pleased to be among those universities recognized by bestvalueschools.com for delivering an affordable, quality education," said Cheryl Norton, SRU president. "We've worked strategically to address affordability issues. We've added 3+3, 3+1 and three-year programs to reduce the time to graduation. We've implemented money management programs so that students learn to make sound financial decisions. We've increased financial aid to improve access while at the same time maintaining and developing academic
A complete list of best value colleges in Pennsylvania can be found at: http://www.bestvalueschools.com/rankings-by-state/pennsylvania/
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