Kiplinger Names Baruch College Among the 10 Best Colleges with Lowest Average Student Debt
The number of Baruch students who borrow is the 'lowest ratio of any school on this list'
Baruch College is one of the top 10 schools in the U.S. whose graduates have the lowest average debt, according to Kiplinger. In its analysis of “Colleges With Lowest Average Graduating Debt 2019,” Kiplinger ranks Baruch College:
- #1 among public universities
- #4 among public and private universities
In its profile of Baruch College, Kiplinger noted that only “14% of students had to take out loans—the lowest ratio of any school on this list.”
'Some schools do a better job of keeping debt in check than others'
Kiplinger reports that student loans are the largest sector of non-housing debt in the U.S.
“In 2017, the average student borrower at a four-year private college graduated with $32,600 in debt, and those attending public colleges left with an average debt of $26,900. But some schools do a better job of keeping debt in check than others.”
Baruch College: Prime NYC Location
As part of its description of Baruch, Kiplinger singles out the College’s ideal location in New York City.
“With the New York hubs of Gramercy Park, Union Square and the Flatiron District just blocks away, students have an entire city to explore in their free time at Baruch College. Though many students commute, there's also a residence hall located on the Upper East Side.”
Kiplinger continues, “With majors in the Weissman School of Arts & Sciences, Marxe School of Public & International Affairs and the Zicklin School of Business, students are sure to have a variety of options.”
Return on Investment
Throughout the year, Baruch College has been consistently recognized for its academic excellence, value and return on investment. In July, CNBC ranked Baruch College as a top 10 public school in its list of “US Colleges That Pays off the Most.” Forbes, The Princeton Review, and CollegeNET have also cited Baruch for providing quality education and upward mobility to students.
Kiplinger assesses value by measurable standards of academic quality and affordability. Quality measures include the admission rate, percentage of students who return for sophomore year, student-faculty ratio, and four-year graduation rate. Cost criteria include sticker price, financial aid, and average debt at graduation. For details, go to Kiplinger’s ranking of the best college values.
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(Story published on 7/31/19)