Reply to Is U Chicago worth cost over in-state UVA?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Forbes America's Best Value Colleges 2018:

#21 University of Virginia

#74 University of Chicago[/quote]

Best value rankings are meaningless because different students pay different amounts at these colleges. For a poor kid who gets admitted to both schools Chicago will be a much better value because it will be free but for a full pay student the value will be very different. Using the avg net cost at different schools is truly misleading here[/quote]

The ranking probably is geared to Forbes demographics, so may not be important to you.  USNews ranking seems important to UC people [/quote]

No. I understand the importance of a value ranking, but unless you are the student who will have both the average net cost and the average net debt that Forbes uses in it's ranking, the ROI doesn't apply to you because your particular ROI and hence your value ranking for different colleges will be radically different.

This is the problem with all output based rankings. If you land up as a teacher vs a banker, your salary is also going to be different. If Forbes had done a ranking where you could have entered your EFC, net debt and major  for a customized ranking, it would have been relevant.

The input based rankings like USNews have many flaws also, but at least their ranking applies equally to all applicants/students because input based measures don't change based on individual student circumstances. That's just the fact. School choice should be made based on criteria other than rankings in my opinion[/quote]

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