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MARIST IN TOP 40 AMONG KIPLINGER'S BEST VALUES IN PRIVATE COLLEGES
POUGHKEEPSIE - Kiplinger's Personal Finance today placed Marist College 38th in its annual rankings of the best values in private colleges and universities that deliver a high-quality education at an affordable price. This is the sixth year in a row Marist has made the list and is the second year in a row at number 38, the college's highest ranking.
The annual Kiplinger's top-100 rankings appear in Kiplinger's December issue, on newsstands November 8. An expanded ranking with a total of 200 private institutions appears on Kiplinger's Web site, at www.kiplinger.com/links/college.
"The institutions on Kiplinger's rankings for best value in private colleges represent schools that provide high-quality academics as well as affordable cost even in these tough times," said Jane Bennett Clark, senior associate editor for Kiplinger's Personal Finance. "With money tight and the college choice so important, you have every reason to expect the best bang for your buck."
"Marist College placed in the top 200 because of a high four-year graduation rate, low average student debt at graduation, good student-to-faculty ratio, excellent on-campus resources and overall great value," said Tara Higgins, a spokeswoman for Kiplinger's.
"This year, Kiplinger's adjusted its criteria to better reflect the issues affecting families," said Higgins. "Now, the rankings give more weight to the four-year graduation rate, a measure of the college's ability to deliver academic support and of the overall cost to families, and to colleges that keep student debt down. While the criteria have shifted, the focus on value remains the same. Many of the schools on the top 200 list, including Marist, have appeared in Kiplinger's rankings in previous years, demonstrating that these schools consistently deliver good value."
The Kiplinger's ranking is the latest in a series of national rating distinctions for Marist, which is consistently in the top tier of colleges and universities in the northern United States according to U.S. News & World Report. Marist was also named one of "the 376 best colleges" in America by The Princeton Review. Another financial publication, Barron's, annually lists Marist as one of the "best buys in college education."
Selected from a pool of more than 600 private institutions provided by Peterson's college guides, Marist was selected for the category "top private universities" because it offers a comprehensive education at both the undergraduate and graduate levels. Criteria focused on academic quality and affordability, with quality accounting for 56.25 percent of the total and 43.75 percent on cost factors.
Marist has the highest ranking of any college in New York, and only two universities in the Empire State received higher rankings, Columbia and Cornell. Also making the cut with Marist are Brown, Dartmouth, Duke, Emory, Georgetown, Harvard, Johns Hopkins, Notre Dame, Penn, Princeton, Rice, Stanford, Tufts, Vanderbilt, Yale, the California Institute of Technology, and the Massachusetts Institute of Technology.
"We're honored to be included in such company," said Kent Rinehart, dean of undergraduate admission at Marist. "In our current economic climate, families are looking for the best education at the greatest value. This recognition validates that Marist offers both."
Rinehart noted that a wide variety of financial aid is available to make the cost of a Marist education more affordable. The college has raised $149 million toward a $150 million capital campaign goal, with a major focus on expanding its endowed scholarship program.
Marist's Kiplinger's ranking released today is based on figures from 2010. This year, Marist received nearly 11,400 applications for 1,000 seats in the Class of 2015. The college's acceptance rate of 33 percent places Marist in the top 5 percent of the most selective colleges and universities in America.
For further information, call the Marist College Office of Public Affairs at (845) 575-3174.