Baruch Claims #2 Spot on Money's "Best Colleges in America" List
Nationally recognized for quality and affordability
Baruch College is the second best school in the country, according to a new ranking by Money that evaluated 744 institutions nationwide. Baruch’s #2 spot on Money’s “Best Colleges in America, Ranked by Value” list is up six places from last year.
In this year’s ranking, Baruch finished above Princeton University, University of California-Los Angeles, Stanford University, Massachusetts Institute of Technology, University of Michigan, and University of Virginia.
At a Glance:
- #2 nationwide among private and public institutions
- #2 among publics in U.S.
- #1 among all colleges in the Northeast
What Money says about Baruch College:
In its profile of Baruch, Money points to Baruch’s outstanding academic success, prime location, and student diversity.
- “roughly 70% of Baruch students graduate within six years—a rate that is nearly 41% higher than at schools with students from similar academic and economic backgrounds.”
- The College is located “just a few miles from Wall Street—which is also close to the global headquarters of many major corporations.”
- “Baruch's New York City campus also helps make it one of the most ethnically diverse colleges in the country.”
A Social Mobility Leader
A significant component factoring into Money’s “Best Colleges” ranking is the outcomes of student graduates. According to Money:
- Baruch alumni earn an average of $57,100 in their early careers, which is about 10% higher than graduates from similar universities.
- “those strong salaries, along with the students it admits, help Baruch claim one of the country's highest socioeconomic mobility rates.”
This recognition adds to Baruch’s growing list of acknowledgment for successfully moving students up the income ladder, from the lowest economic rung to the middle class and beyond. CollegeNET ranked Baruch #1 for social mobility for the fourth consecutive year and The Chronicle of Higher Education placed Baruch #1 for social mobility among four-year public institutions.
Money ranks only U.S. colleges that have sufficient reliable data to analyze and a graduation rate that is at or above the median for its institutional category (public or private). It also examined 26 factors in three categories: quality of education, affordability, and outcomes. Each category accounted for one-third of a school’s final score. The data in Money’s rankings comes from IPEDS, Peterson’s, PayScale, and Opportunity Insights.
A detailed explanation of this year’s methodology is available here.
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(Story published on 8/12/19)