{"id":2474109,"date":"2023-09-26T17:47:27","date_gmt":"2023-09-26T21:47:27","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2474109"},"modified":"2023-09-26T17:47:28","modified_gmt":"2023-09-26T21:47:28","slug":"cuny-city-university-is-the-best-value-for-money-university-in-2023","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/cuny-city-university-is-the-best-value-for-money-university-in-2023\/","title":{"rendered":"CUNY City University Is The Best &#8216;Value For Money&#8217; University In 2023\u00a0"},"content":{"rendered":"\n<ul>\n<li>CUNY City College ranks as America\u2019s best value for money college.<\/li>\n\n\n\n<li>Massachusetts Institute of Technology (MIT) takes second place, whilst University of Florida came in third.<\/li>\n\n\n\n<li>Princeton University and Stanford University ranked fourth and fifth, respectively.<\/li>\n<\/ul>\n\n\n\n<p>A new study reveals that <a href=\"https:\/\/www.valuewalk.com\/cuny-bernard-m-baruch-college-lands-in-the-top-10-of-brand-new-study\/\">CUNY City College<\/a> comes top in a ranking of the best national universities and colleges, based on relative value for money.<\/p>\n\n\n\n<div class=\"ca-widget\" data-token=\"e701399d2a88\"><\/div><script async defer src=\"https:\/\/secure.money.com\/embeds\/embedder.js?v=1\"><\/script>\n\n\n\n<h2 class=\"wp-block-heading\">The Best Value For Money Universities In 2023&nbsp;<\/h2>\n\n\n\n<p>College ROI experts at <a href=\"https:\/\/www.degreechoices.com\/\" rel=\"nofollow\" target=\"_blank\">Degreechoices<\/a> analyzed data from more than 400 national universities and colleges, to determine the top 25 schools, based on the typical cost of a degree relative to eventual graduate earnings.<\/p>\n\n\n\n<p>The analysis used a benchmark of all students at each university or college from two different enrollment years and a measure of their earnings 10 years later. Using data for undergraduate payback and debt-to-earnings for graduates to determine a cost-to-earning metric, these results were adjusted by each school\u2019s earning performance.<\/p>\n\n\n\n<p>An \u2018Economic score\u2019 was produced for each institution, with lower scores indicating a smaller payback and lower debt-to-earnings for attending students.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CUNY City College<\/h3>\n\n\n\n<p>CUNY City College was revealed to be the best college for return on investment in 2023, with an Economic score of 0.44.<\/p>\n\n\n\n<p>The sticker price for an in-state student at CUNY City College was found to be $30,721.&nbsp;However, among students that qualify for federal aid, the net cost&nbsp;per student each year was found to be just $2,805 on average.<\/p>\n\n\n\n<p>Considering the average salary of a CUNY City College graduate is $55,741 ten years after enrollment, and students take 5 years to graduate on average, a degree from the university was found to take under 6 months to payback.<\/p>\n\n\n\n<p>CUNY City College was found to have a modest 64% admission rate; however, its graduation rates fall below the New York state national average, at just 59%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Massachusetts Institute of Technology<\/h3>\n\n\n\n<p>In second place was Massachusetts Institute of Technology (MIT), with an Economic score of 0.46. Among students who qualify for federal aid, the net cost&nbsp;per student each year was found to be&nbsp;$16,407 on average.<\/p>\n\n\n\n<p>The average salary of MIT graduates ten years after enrollment in study is a staggering $111,222, which means they can expect to pay back the cost of their degree in just under a year. MIT has an extremely selective admission rate of just 4%, and an advertised sticker price of $72,462 per year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">University of Florida<\/h3>\n\n\n\n<p>University of Florida came close behind in third, with an Economic score of 0.49. It has a 30% admission rate and in-state fees averaging $5,135 per year when accounting for institutional and government grants.<\/p>\n\n\n\n<p>With 88% of all <a href=\"https:\/\/www.valuewalk.com\/graduating-with-debt-heres-how-to-manage-your-student-loans-like-a-pro\/\">students graduating<\/a> within eight years, the graduation rate at University of Florida is 21% above the average for all national universities in the country. The average salary of graduates ten years after enrolling at the university is $95,689.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Princeton University<\/h3>\n\n\n\n<p>Princeton University ranked fourth for return on investment, with an Economic score of 0.51. Return on educational investment at Princeton is within the top 5% of all ranked schools and 98% of all students graduate within 8 years.<\/p>\n\n\n\n<p>The average salary of graduates ten years after enrollment is $95,689 and students can expect to pay back their degree within a year of graduating. Princeton is also considered extremely selective, with an admission rate of just 4%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Stanford University<\/h3>\n\n\n\n<p>In fifth place is Stanford University, with an Economic score of 0.57. It has a 4% admission rate and an average in-state cost per year of $12,894.<\/p>\n\n\n\n<p>The average salary of graduates ten years after enrolling at Stanford is around $97,798. When adjusted for earning differences by major, bachelor students attending this university earn 40% more than the national average.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Harvard University<\/h3>\n\n\n\n<p>Harvard University came sixth, with an Economic score of 0.63.<\/p>\n\n\n\n<p>Harvard graduates can expect to pay $13,872 per year of study after financial aid, with annual earnings of $84,918, ten years after enrollment, meaning their educational investment can be paid back in under a year.<\/p>\n\n\n\n<p>While Harvard has an extremely low 4% acceptance rate, 98% of all students were found to graduate within 8 years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">California Institute of Technology<\/h3>\n\n\n\n<p>California Institute of Technology (<a href=\"https:\/\/www.valuewalk.com\/is-college-worth-it-the-roi-of-higher-education-in-todays-economy\/\">Caltech<\/a>) came seventh, with an Economic score of 0.73. Ten years after enrollment, Caltech graduates earn on average $112,166, and when adjusted for earning differences by major, this means that bachelor students earn 77% more than the national average.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Florida International University<\/h3>\n\n\n\n<p>Florida International University (FIU) came eighth, with an Economic score of 0.75. FIU students earn on average $54,501 ten years after enrolling and can expect to pay $5,298 per year after financial aid. At FIU, 94% of students receive some sort of grant or scholarship, compared to the national average of 87% for all colleges and universities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">University of Pennsylvania<\/h3>\n\n\n\n<p>University of Pennsylvania came ninth, with an Economic score of 0.79. The average salary of graduates ten years after finishing their program here is $103,246, and the average cost per year of study is an eyewatering $25,046 after financial aid.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Yale University<\/h3>\n\n\n\n<p>Yale University came tenth, with an Economic score of 0.85. Students typically graduate after 4.2 years of study and pay $15,296 per year on average. With Yale alumni earning $88,655 on average 10 years after enrolling, they can expect to take 1 year to pay off the cost of their degree.<\/p>\n\n\n\n<p>David Levy, Author at <a href=\"https:\/\/www.degreechoices.com\/\" rel=\"nofollow\" target=\"_blank\">Degreechoices.com<\/a> commented:&nbsp;<\/p>\n\n\n\n<p>\u201cIt is understandable that students are carefully considering how valuable a university degree currently is, given the substantial financial investment and uncertainty around its positive impact on their future earnings.<\/p>\n\n\n\n<p>\u201cAs higher education institutes adjust their tuition fees with each passing year, it will be interesting to see whether they can continue to justify these higher prices by guaranteeing a return on investment for their students over the course of their careers.\u201d<\/p>\n\n\n\n<p><strong>The 25 best value for money national universities and colleges (2023)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Rank&nbsp;<\/strong><\/td><td><strong>University\/College&nbsp;<\/strong><\/td><\/tr><tr><td>1.&nbsp;<\/td><td>CUNY City College<\/td><\/tr><tr><td>2.&nbsp;<\/td><td>Massachusetts Institute of Technology<\/td><\/tr><tr><td>3.&nbsp;<\/td><td>University of Florida<\/td><\/tr><tr><td>4.&nbsp;<\/td><td>Princeton University<\/td><\/tr><tr><td>5.&nbsp;<\/td><td>Stanford University<\/td><\/tr><tr><td>6.&nbsp;<\/td><td>Harvard University<\/td><\/tr><tr><td>7.&nbsp;<\/td><td>California Institute of Technology<\/td><\/tr><tr><td>8.&nbsp;<\/td><td>Florida International University<\/td><\/tr><tr><td>9.&nbsp;<\/td><td>University of Pennsylvania<\/td><\/tr><tr><td>10.&nbsp;<\/td><td>Yale University<\/td><\/tr><tr><td>11.&nbsp;<\/td><td>University of California &#8211; Berkeley<\/td><\/tr><tr><td>12.&nbsp;<\/td><td>Georgia Institute of Technology<\/td><\/tr><tr><td>13.&nbsp;<\/td><td>University of Michigan &#8211; Ann Arbor<\/td><\/tr><tr><td>14.&nbsp;<\/td><td>Rice University<\/td><\/tr><tr><td>15.&nbsp;<\/td><td>The University of Texas Rio Grande Valley<\/td><\/tr><tr><td>16.&nbsp;<\/td><td>Vanderbilt University<\/td><\/tr><tr><td>17.&nbsp;<\/td><td>University of California &#8211; Irvine<\/td><\/tr><tr><td>18.&nbsp;<\/td><td>University of Washington<\/td><\/tr><tr><td>19.&nbsp;<\/td><td>University of California, Los Angeles<\/td><\/tr><tr><td>20.&nbsp;<\/td><td>Columbia University<\/td><\/tr><tr><td>21.&nbsp;<\/td><td>Missouri University of Science and Technology<\/td><\/tr><tr><td>22.&nbsp;<\/td><td>University of Illinois Urbana &#8211; Champaign<\/td><\/tr><tr><td>23.&nbsp;<\/td><td>University of North Carolina at Chapel Hill<\/td><\/tr><tr><td>24.&nbsp;<\/td><td>California State University, Fresno<\/td><\/tr><tr><td>25.&nbsp;<\/td><td>University of California, San Diego<\/td><\/tr><\/tbody><\/table><\/figure>\n ","protected":false},"excerpt":{"rendered":"<p>A new study reveals that CUNY City College comes top in a ranking of the best national universities and colleges, &#8230; <a title=\"CUNY City University Is The Best &#8216;Value For Money&#8217; University In 2023\u00a0\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/cuny-city-university-is-the-best-value-for-money-university-in-2023\/\" aria-label=\"More on CUNY City University Is The Best &#8216;Value For Money&#8217; University In 2023\u00a0\">Read more<\/a><\/p>\n","protected":false},"author":2476,"featured_media":2465194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2689],"tags":[667006,667011,667007,662396,667008,667010,664620,645498,667009],"states":[],"acf":[],"modified_by":"Umair Tariq","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2474109"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/2476"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2474109"}],"version-history":[{"count":1,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2474109\/revisions"}],"predecessor-version":[{"id":2474119,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2474109\/revisions\/2474119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2465194"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2474109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2474109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2474109"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2474109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}