Princeton Review names Loyola one of nation’s best value colleges
Loyola University Maryland has been named one of the nation’s top values in higher education by The Princeton Review in its new guide to “Colleges That Pay You Back” for 2015.
The 200 institutions on the list are recognized for superior academic quality, affordability, and outstanding career preparation. Loyola is one of nine Patriot League schools and seven Jesuit schools included.
“Essential to our mission as a Jesuit, Catholic university is a continued commitment to expanding the availability of a Loyola education to students from an even broader range of diverse financial circumstances,” said Rev. Brian F. Linnane, S.J., president of Loyola. “Our work does not end with access, however, and I’m thrilled The Princeton Review is lauding institutions that deeply value offering an ever-improving, transformative academic experience focused on preparing students for prosperous, meaningful careers.”
Last year, Loyola-funded grants or scholarships were awarded to 64 percent of undergraduates, totaling nearly $61 million and accounting for 72 percent all forms of aid students receive. First-year Loyola students who receive federal Pell grants now represent 15 percent of their entire class, more than doubling over the past decade. Ninety-eight percent of the undergraduate Class of 2013, the most recent surveyed, is either employed or in graduate/professional school.
“We strongly recommend and salute the colleges we present here for all that they do to help their students with need afford to attend them while delivering an amazing college experience that's worth every penny,” noted The Princeton Review in its methodology.
The Princeton Review developed a “Return-on-Education” (ROE) rating to choose 200 colleges and universities from 650 considered for the guide, which does not rank schools individually. ROE weighs dozens of data points covering academics, costs, financial aid, student debt, graduation rates, and alumni salaries and job satisfaction. The data were collected from institutional and student surveys and from PayScale.com’s alumni career and salary statistics.
In 2014, PayScale ranked Loyola in the top 6 percent of U.S. four-year colleges and universities for mid-career median salary potential of graduates and The Princeton Review named Loyola one of the best 379 colleges in the country.
More information about Colleges That Pay You Back: The 200 Best Value Colleges and What It Takes to Get In - 2015 Edition is available at princetonreview.com/colleges-pay-you-back.