Best Colleges For Your Buck

Best Colleges For Your Buck


5:00 PM, SCATTERED THUNDERSTORMS 78 AND BY 9 SIMILAR STORY. 76 ALEX VANESSA. THANK YOU SO MUCH. WELL, EVERYONE KNOWS COLLEGE IS EXPENSIVE AND THE COST KEEPS RISING. PRICE DOESN’T ALWAYS MEAN QUALITY SO WE WENT AND SPOKE TO MONEY.COM TO FIND OUT WHEN THEY CRUNCHED THEIR NUMBERS IN THE ANNUAL LIST OF BEST COLLEGES FOR YOUR MONEY, WHAT THEY FOUND OUT AND JOINING US NOW TO TALK ABOUT EVERYTHING IN WHICH SCHOOLS IN OUR AREA ACTUALLY TOPPED THEIR LIST FOR MONEY.COM SPECIAL PROJECTS. EDITOR CAITLYN WILL HAIR KAITLYN THANK YOU SO MUCH FOR BEING HERE AT THIS IS A HOT TOPIC ESPECIALLY RIGHT NOW IS KIDS ARE BE IN CENTCOM THEM HEARINGS OR STROKE IN THE CZECH. YOU ACTUALLY BROKE DOWN SOME OF THE TOP FACTORS WE WANT TO LISTEN HERE FOR YOU AND THEN BREAK THEM DOWN SO LET ME POP IT UP AND COMPILED THIS LIST. 1ST ACTOR YOU LOOKED OUT WITH QUALITY OF EDUCATION. AND THAT INCLUDED FACTORS LIKE GRADUATION- RATE VALUE ADDED GRADUATION WEEK, FRESHMAN TEST SCORES. STUDENT- TO- FACULTY RATIO WHY IS THIS LIST SOMEONE PORTENT WHY DID THESE MAKE THE TOP CUT SURE WILL. SO IF YOU DON’T GRADUATE FROM COLLEGE, YOU DON’T GET ANY OF THE BENEFITS OF IN THE LABOR MARKET OF HAVING A COLLEGE DEGREE, RIGHT? SO THE MOST IMPORTANT THING THAT YOU CAN LOOK AT WHEN YOU’RE SIZING UP, HOW DOES QUALITY IS THE GRADUATION RATE? IT’S REALLY EASY NUMBER TO LOOK OUT FOR ANY COLLEGE. AND THEY’RE ALSO CITES ONLINE WHERE YOU CAN LOOK AT THE GRADUATION RATE FOR DIFFERENT POPULATIONS OF STUDENTS, WHICH IS ALSO IMPORTANT WE TAKE THAT ONE STEP FURTHER BY LOOKING AT THE VALUE ADDED GRADUATION RATE SO WHAT THAT IS, BASICALLY, AS WE KNOW FROM A LOT OF RESEARCH, THAT STUDENTS WHO COME FROM WEALTHIER FAMILIES AND STUDENTS HAVE HIGHER HIGH SCHOOL GPAS AND HIGHER AS THE T. ANY C. T. SCORES THOSE STUDENTS ARE MORE LIKELY TO GRADUATE, THEIR GOING TO BE. THEY’RE MORE LIKELY TO BE SUCCESSFUL IN COLLEGE, REGARDLESS OF WHERE THEY GO. SO THE COLLEGES THAT ENROLL A LOT OF THOSE STUDENTS HAVE GRADUATE HIGHER GRADUATION RATES REGARDLESS OF WHAT THEY’RE DOING WHEN THEY GET ON CAMPUS, OKAY, SO THE VALUE ADD GRADUATION RATE IS A WAY TO SORT OF LEVEL THE PANIC, THE PLAYING FIELD A LITTLE BIT. AND WE LOOK AT THAT INCOMING STUDENTS, A LOOK AT THE STUDENT BODY, AND WE COMPARE COLLEGES THAT ENROLL SIMILAR STUDENTS TO SEE WHICH WHEN THEY’RE DOING BETTER. AND SO WE STILL HAVE A PREDICTED GRADUATION RATE AND THEN THE ACTUAL GRADUATION RATE AND SO A LOT OF THE COLLEGE’S AT THE TOP OF OUR LIST THE GRADUATION RATES THAT ARE, YOU KNOW, 203040 PERCENT HIGHER THAN SIMILAR I KNOW, THAT’S REALLY INTERESTING. I JUST LEARNED SOMETHING. LET’S TALK ABOUT AFFORDABILITY. YOU MENTION THAT AS WELL WHEN YOU TALK ABOUT WHO THESE STUDENTS ARE GRADUATING IN THE BACKGROUND THAT THEY COME FROM SO THE PRICE OF THE DEGREE, AN ABILITY TO PAY OFF LOANS AND ANY DEBT THAT WOULD BE ACCUMULATED WITH YOUR EDUCATION IS SOMETHING ELSE YOU CAN CONSIDER WHY IS THAT SOMETHING THAT YOU VE NOW PUT IN HERE? YES, SO WE’RE MONEY.COM FOR TO BUILD IS A HUGE THING FOR US. I’D SAY, IT’S ONE OF THE BIGGEST PART OF OUR RANKINGS. ONE OF THE BIG THINGS WE LOOK AT IS THAT NET PRICE OF A DEGREES. SO EVERYONE KNOWS THAT THERE ARE THOSE SUPER HIGH STICKER PRICES RAID. SO THOSE THAT’S THE COST OF ATTENDANCE FOR A SINGLE YEAR BUT IN REALITY, NOBODY ARE VERY FEW PEOPLE ACTUALLY PAY THE STICKER PRICES AT PRIVATE COLLEGES. SOMETHING LIKE 9 IN 10. FRESHMEN ARE GETTING A DISCOUNT TO PAY A SCHOLARSHIP I SHOULD SAY SCHOLARSHIP OR GRANT TO LOWER THAT PRICE. AND THE AVERAGE DISCOUNT IS ABOUT 50 PERCENT SO THE NET PRICE TELLS YOU WHAT YOU WILL ACTUALLY PAY. AND THEN WE LOOK AT THE PRICE OF DEGREE, BECAUSE OF COURSE, YOU’RE PAYING FROM HER. THEN ONE YEAR OF COLLEGE. IN SOME CASES, YOU’RE PAYING FOR MORE THAN 4 YEARS OF COLLEGE, WHICH CAN ALSO REALLY ADD TO THE TOTAL PRICE SO ARE YOU SAYING THAT GRANTS AND SCHOLARSHIPS AND THINGS LIKE THAT SHOULD ALSO BE FACTORED INTO YOUR DECISION YES, UP SO YOU NEVER WANT TO RULE OUT A COLLEGE BASED SOLELY ON THE STICKER PRICE YOU EVERY COLLEGE HAS TO HAVE A WHAT’S CALLED A NET PRICE CALCULATOR. THE EASIEST WAY TO FIND IT’S JUST A GOOGLE DOC WITH THEIR COLLEGES NAMES BECAUSE SOMETIMES IT CAN BE HAD. AND ON THE WEBSITE, AND I’M BILL, AS YOU COUPLE QUESTIONS ABOUT YOUR FAMILY’S BACKGROUND, SOMETIMES I COULD TO MAKE BACKGROUND. AND THEN THEY’LL GIVE YOU AN IDEA OF WHAT YOU KNOW PERSONALLY. YOU MAY PAY AT THE COLLEGE IT’S FUNNY BECAUSE IT WE TALK ABOUT AFFORDABILITY AND I SAY ALSO THIS IS A TIMELY TELL. YOUR KIDS WILL IF YOU DIDN’T GET A GRANT OR SCHOLARSHIP, MAYBE SHOULD MOVE ON YES, YEAH, SO WE’VE GOT A LOT OF THAT IT’S REALLY IMPORTANT. AND IT’S, OF COURSE, MONEY IS NOT FUN TO TALK ABOUT A LOT OF RAIN SO IT’S REALLY IMPORTANT FOR PARENTS TO COME AND STUDENTS TO KIND OF HAVE THAT CONVERSATION CONTINUALLY DURING THE COLLEGE SEARCH SO THAT THERE’S NO SURPRISE AS ONE OF THE WORST THINGS YOU CAN DO IS I’M YOU KNOW, HAVE A HAVE A STUDENT GET INTO THEIR DREAM COLLEGE IN THE SPRING OF THEIR SENIOR YEAR AND THEN REALIZE OH WAIT WE HAVE NO WAY OF PAYING RIGHT? SO LET’S TALK ABOUT THE ENDGAME YOU GRADUATE, YOU GET A JOB, AND YOU WANT TO MAKE SURE THAT YOU’RE MAKING MONEY IN THAT THIS IS A GREEN THAT YOU VE NOW GOTTEN IS GOING TO PAY OFF. LET’S TALK ABOUT SOME OF THESE OUTCOMES OF WHAT YOU’RE LOOKING FOR. AS YOU WALK OUT THE DOOR YES, YES. SO I WANT TO SAY OF COURSE, WE RECKON I RECKON AS MANY RECOGNIZES THAT THERE ARE PLENTY OF REASONS TO GO TO COLLEGE. AND IT’S NOT JUST, YOU KNOW, MAKE MONEY BUT THAT SAID, WE DO KNOW THAT THROUGH SEVERAL SURVEYS OF STUDENTS FIND THAT GETTING A GOOD JOB AFTER COLLEGE IS ONE OF THE MOST IMPORTANT, IF NOT THE MOST IMPORTANT REASON, STUDENTS SAY THEIR GOING TO COLLEGE AND THAT’S, OF COURSE, MORE IMPORTANTLY, BECAUSE THEY’RE PAYING MORE FOR THEIR DEGREE TO A. SO WE- WE LOOK A LOT AT THE AVERAGE EARNINGS OF ALUMNI WE HAVE MUSIC, FEW DIFFERENT MEASURES I’M ONE IS JUST THE BASIC AVERAGE SALARY, BUT WE ALSO JUST THAT BY THE COMMON MAJORS OUT OF SCHOOL SO UM THAT IF YOU’RE GOING TO, YOU KNOW AS AN ENGINEERING SCHOOL, YOU WOULD EXPECT TO EARN MORE THAN IF YOU WERE GOING TO MAY BE IN AN EDUCATION SCHOOL, RIGHT? IM SO WE LOOK AT BOTH OF THOSE. AND WE ARE FORTUNATE BY THE WAY ARE IN THAT RIGHT INTO THE SHOULD BE. THEY SHOULD BE MORE THING I WANT TO MENTION BECAUSE WE CAN’T FAILED TO MENTION THAT SEVERAL OF OUR COLLEGES MADE THE TOP LIST. WHICH ONES DO WE SEE YES SO OUR NUMBER ONE COLLEGE THIS YEAR, IS A UNIVERSITY OF CALIFORNIA IRVINE, WHICH ARISES NOT IN NEW YORK IT IS REALLY EXCITING BECAUSE IT’S THE 1ST TIME WE’VE HAD A PUBLIC COLLEGE IN THE NUMBER ONE SPOT. JUST SAYING AND IT’S ALSO FOR SOME. WE’VE HAD A NUMBER ONE AND NUMBER 2 COLLEGE, THEIR PUBLIC UNIVERSITIES. AND SO THAT NUMBER 2 IS THE CITY UNIVERSITY OF NEW YORK PARADE CAMPUS YEAH, THAT’S A GREAT DOWN THE ROAD. REALLY? LITERALLY YEAH I, WHICH IS REALLY EXCITING. I’M BRUCE IS WONDERFUL BECAUSE IT’S SUPER- AFFORDABLE. UM STUDENTS GRADUATE INTO WELL- PAYING JOBS AND THE PLACE WE’RE AT REALLY SHINES IS IN OUR ECONOMIC MOBILITY RATES. SO IT HAS A LONG HISTORY OF FOR PUTTING STUDENTS INTO THE MIDDLE CLASS AND THEN ALSO PRINCETON YES, PRINCETON. YEAH. I PRINCIPLES ARE LONG TIME NUMBER ONE GUY GOT PUSHED ON THE NUMBER 3 THIS I’M SURPRISED TOO, BECAUSE I FEEL LIKE PEOPLE IN THE AREA WHEN BROOKLYN PRINCETON IN THE SAME YES, YES, THAT’S A REALLY. THAT’S A GREAT QUESTION. THE GOAL OF THESE RANKINGS RIGHT IS TAGGED IS TO SAY THAT THERE ARE A VARIETY OF COLLEGES THAT ARE PROVIDING VALUE TO THEIR STUDENTS. SO IF YOU GET INTO BRUCH AND PRINCETON YOU KNOW I’M NOT GOING TO SAY THAT BRUCE IS NUMBER ONE FOR YOU OR A PENCIL IS NUMBER ONE FOR REALLY? OBVIOUSLY, INDIVIDUALS THAT YOU KNOW BOTH OF THEM ARE PROVIDING THE THINGS THAT WE CAN MEASURE FOR THEIR GRADUATES. KELLY THANK YOU SO MUCH FOR

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