Money - Best Selective Colleges 2022
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Anonymous
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Every year, the nation’s most prestigious colleges reject thousands of qualified students.
But if you can beat the odds, most offer a word-class education with an incredible ROI. Money defined selective colleges as ones where the average acceptance rate for the past three years fell below 20%. Here’s how they scored on our analysis. 1 Massachusetts Institute of Technology Cambridge, MA 2 Princeton University Princeton, NJ 3 Stanford University Stanford, CA 4 Yale University New Haven, CT 5 Williams College Williamstown, MA 6 Harvard University Cambridge, MA 7 Duke University Durham, NC 8 University of Pennsylvania Philadelphia, PA 9 University of California, Los Angeles Los Angeles, CA 10 Georgetown University Washington, DC 11 Northwestern University Evanston, IL 12 University of Notre Dame Notre Dame, IN 13 Pomona College Claremont, CA 14 University of California, Berkeley Berkeley, CA 15 Dartmouth College Hanover, NH 16 Cornell University Ithaca, NY 17 Rice University Houston, TX 18 Bowdoin College Brunswick, ME 19 Columbia University in the City of New York New York, NY 20 Harvey Mudd College Claremont, CA 21 Brown University Providence, RI 22 Swarthmore College Swarthmore, PA 23 Vanderbilt University Nashville, TN 24 Claremont McKenna College Claremont, CA 25 California Institute of Technology Pasadena, CA 26 Washington University in St Louis Saint Louis, MO 27 Johns Hopkins University Baltimore, MD 28 Hamilton College Clinton, NY 29 University of Chicago Chicago, IL 30 Cooper Union for the Advancement of Science and Art New York, NY 31 Bates College Lewiston, ME 32 University of Southern California Los Angeles, CA 33 Amherst College Amherst, MA 34 Wesleyan University Middletown, CT 35 Carnegie Mellon University Pittsburgh, PA 36 Davidson College Davidson, NC 37 Colby College Waterville, ME 38 College of the Ozarks Point Lookout, MO 39 Emory University Atlanta, GA 40 Northeastern University Boston, MA 41 Barnard College New York, NY 42 Middlebury College Middlebury, VT 43 Tufts University Medford, MA 44 Colorado College Colorado Springs, CO 45 Haverford College Haverford, PA 46 Pitzer College Claremont, CA 47 New York University New York, NY 48 Tulane University of Louisiana New Orleans, LA https://money.com/best-colleges/rankings/best-selective-colleges/ Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations. |
Anonymous
| So, what does that mean? what does "best" selective mean anyway? |
Anonymous
| Good lord. It will be $100k a year at some of these schools by the time my kids apply. And we are in the lovely category of just missing out on qualifying for any financial aid---the ones that really get screwed the most. |
Anonymous
Ranking among selective(acceptance rate < 20%) schools |
Anonymous
| That is a wholly insufficient criterion. I hope people don’t put much faith in yet another ranking. |
Anonymous
All the rankings are for your reference. Just one of the variables in your decision making. |
Anonymous
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That can't be the criterion used because all the Ivies have acceptance rate less than 10% for years.
What does it even mean to have average acceptance rate below 20% for three years? This is not at all selective. Pure nonsense. |
Anonymous
Everything posted prior to this post should be disregarded, because those PPs aren't answering the question of "what does 'best' mean in THIS RANKING?" Money’s Methodology, in Brief https://money.com/best-colleges/methodology/ To make our initial cut, a college had to: Have at least 500 undergraduate students. Have sufficient, reliable data to be analyzed. Not be in financial distress. Have a graduation rate that was at or above the median for its institutional category (public, private or historically black college or university), or have a high “value-added” graduation rate (in other words: score in the top 25% of graduation rates after accounting for the student body). A total of 671 schools met these requirements. We ranked them on 24 factors in three categories: Quality of education (30% of weighting), which was calculated using: Six-year graduation rate (30%). We adjust our six-year graduation rate to capture students who transferred into a college as well as first-time students. Value-added graduation rate (30%). This is the difference between a school’s actual graduation rate and its expected rate, based on the economic and academic profile of the student body. Peer quality (10%). This is measured by the standardized test scores of entering freshman (5%), and the percentage of accepted students who enroll in that college, known as the “yield” rate (5%). Instructor access (10%). This is measured by the student-to-faculty ratio. Financial troubles (10%). Financial troubles are signaled by a college having low bond ratings, being labeled by the U.S. Department of Education as having financial issues, or having accreditation warnings. Pell grant recipient outcomes (10%). Federal Pell grants are awarded to lower-income students. This measures the share of grant recipients a school graduates. Affordability (40% of weighting), which was calculated using: Net price of a degree (30%). This is the estimated amount a typical freshman starting in 2022 will pay to earn a degree, taking into account the college’s sticker price; how much the school awards in grants and scholarships; and the average time it takes students to graduate from the school, all as reported to the U.S. Department of Education. Net price paid by students in different income brackets (20%). This is the net price for one year paid by students from families earning $0 to $30,000 (10%); students from families earning $30,001 to $48,000 (5%); and students from families earning $48,001 to $75,000 (5%). Debt (20%). This takes into account the estimated average student debt upon graduation (15%) and average amount borrowed through the parent federal PLUS loan programs (5%). Ability to repay debt (15%). This measure includes the percentage of students who are making progress repaying their debt three years after leaving school (10%). It also includes a college’s Student Loan Default Risk Index, (5%) which is a calculation that weighs the share of students who borrow and the share of borrowers who default on their federal student loans. Value-added student loan repayment measures (15%). These are the school’s performance on the student loan repayment and default measures after adjusting for the economic and academic profile of the student body. Outcomes (30% of weighting), which was calculated using: Earnings 10 years after college entry (25%). This measure, from the U.S. Department of Education’s College Scorecard, captures the median earnings of federal financial aid recipients at each college 10 years after the student started. Graduates’ earnings adjusted for majors (20%). This takes a weighted average salary for each college, using earnings data from the College Scorecard, and compares it with colleges that graduate students in a similar mix of majors. Value-added earnings (15%). This is the College Scorecard 10-year earnings measure, after adjusting for the economic and academic profile of the student body. College Scorecard employment outcomes (20%). This includes two measures for federal financial aid recipients: the share of alumni who are working nor enrolled in graduate school one year after completing their degree (10%) and the share of alumni who are earning more than a high school graduate six years after starting (10%). Economic mobility index (10%). We included new data provided by Third Way that measures a college’s share of students from low- and moderate-income backgrounds as well as the cost and payoff of a degree for those students. Return on investment (10%). We added new data from the Bipartisan Policy Center that measures the earnings of former students after subtracting the cost of attending. Finally, we separated the country’s most selective schools — the colleges where the acceptance rate for the past three years fell below 20% — into their own list. All the colleges are scored on the same scale, so readers can still compare a college on the selective list with a college on the main list. |
Anonymous
You can certainly have your own definition of selective as less than 10%, but then there are only like 20 schools left? I guess it's moot point to rank those 20 |
Anonymous
This sounds better than USN&WR |
Anonymous
| College of the Ozarks?? |
Anonymous
| Why do they omit the service academies? |
Anonymous
maybe ranked 49th and below |
Anonymous
| Why is college acceptance rate of under 20% significant? |
Anonymous
Four people out of Ten get in - too many Three people out of Ten get in- well.. still little too many Two out ten sounds about right for selective |