Kiplinger has released their rankings of the best-value public colleges in 2015. The University of Michigan is ranked No. 6 out of 100.
Who’s got it better than us? World-renowned academics, nationally-ranked athletics programs, and now one of the best values in public education. I think the answer has to be “nobody.”
Kiplinger looked at factors like:
- Four-year graduation rate
- Low student-faculty ratios
- Reasonable price tags
- Generous need-based aid
U-M retained the same ranking as last year. The 2.5 percent increase in 2014-15 tuition is below the 3 percent national average. The average out-of-pocket expense for in-state students is $10,901 per year.
After ascending in our rankings for several years, the University of Michigan holds steady at number six this year. Modest cost increases and a consistently improving graduation rate helped the school climb our list in recent years. This year, a smaller student-faculty ratio, a slight decrease in average student debt and another lower-than-average cost increase for in-state students help this state flagship maintain its rank.
Fellow Big Ten members University of Wisconsin-Madison and the University of Maryland, College Park joined U-M in the top 10.