Kiplinger’s ranks Loyola one of best college values for 2016
Loyola University Maryland was named one of the top-100 “Best College Values” among private universities for 2016 by Kiplinger’s Personal Finance magazine. This is the sixth straight year Loyola has been included on the best values list.
Kiplinger’s rankings recognize institutions that combine outstanding academic quality with affordability to offer a transformative educational experience that is accessible to students who demonstrate financial need. Nearly 1,200 four-year U.S. schools were evaluated based competitiveness, graduation rates, academic support, cost and financial aid, and student indebtedness at graduation. Quality criteria account for 55 percent of total points, and cost criteria count for 45 percent.
The list also includes an outcomes measure: “Salary Yardstick,” the median annual salary of workers who enrolled 10 years ago and received federal financial aid. Loyola ranked in the top third of private universities in this category with a “Yardstick” of $62,100.
Kiplinger’s joins other prestigious national publications that have lauded Loyola for its value over the past year. The Princeton Review named Loyola one of the top “Colleges That Pay You Back” for 2015, and the Brookings Institution ranked Loyola in the top 2 percent of institutions for economic value added to the mid-career salary of alumni. In addition, PayScale.com ranked Loyola in the top 5 percent nationally for highest mid-career salary potential of graduates in the top 6 percent nationally for highest return on investment.
The full “Best College Values” report is available on kiplinger.com and will appear in the February issue of Kiplinger’s Personal Finance magazine.