Kiplinger’s names Loyola one of “Best College Values” for 2015
For the fifth consecutive year, Loyola University Maryland has been named one of the nation’s best values in higher education by Kiplinger’s Personal Finance.
Loyola ranked among 300 schools included on the “2015 Best College Values” list, which Kiplinger’s uses to recognize institutions for combining outstanding academic quality with affordability. Of the 100 private universities on the list, Loyola ranked in the top third for average amount of non-need-based aid awarded per student.
Kiplinger’s rankings for quality and cost are based solely on measurable criteria, such as admission rate, financial aid and cost, and student debt upon graduation. Quality criteria account for 55 percent of total points, and cost criteria count for 45 percent.
The Kiplinger’s ranking follows other recent recognitions of the value of a Loyola education. In September 2014, compensation database PayScale.com ranked Loyola in the top 6% of U.S. universities for mid-career salary potential, the second-highest mid-career salary from all in schools in Maryland. In addition, U.S. News & World Report included Loyola on the list of ‘Great Schools at Great Prices’ in its 2015 “Best Colleges” guide. Loyola also rose to tie for No. 3 among the best regional universities in the North.
The full report can be found online and will appear in Kiplinger’s February issue, on newsstands now.