Baruch College Ranked One of Five Most Affordable and Accessible Institutions With High Graduation Rates
College commended on serving low-income students in report by The Education Trust
New York, NY, June 6, 2011 -- Baruch College’s commitment to providing access to quality education was recognized recently in a report by The Education Trust titled "Priced Out: How the Wrong Financial-Aid Policies Hurt Low-Income Students." According to the findings from nearly 1,200 four-year colleges and universities that have comparable data, Baruch College is one of only five that: (1) opens its doors to a proportion of low-income students that is at or above the national average; (2) provides all of its students with at least a 1-in-2 chance of graduating; and (3) asks low-income students to pay a portion of their family income no greater than what the average middle-income student in the United States pays. Additionally, of the five schools, Baruch College has the highest graduation rate (60.3%) and highest Pell enrollment (44%).
Baruch College is a senior college of the City University of New York (CUNY), which provides a high-quality affordable education to more than 17,000 students. The school is ranked in the top 15% of U.S. colleges by The Princeton Review and as #22 nationwide among "Most Desirable Large Schools" by Kaplan/Newsweek. It also ranks #19 among America’s “Best College Buys” according to Forbes magazine. Baruch is regularly recognized as among the most ethnically diverse in the country. Read more about Baruch College.
As The Education Trust report notes, keeping college affordable does not happen by accident: “Although system and state policies promote affordability and access on these campuses, the net price at each of these institutions ranks near or below the average in these already lower cost systems. This suggests that the campuses themselves also have made a priority of controlling costs for low-income students.”
Academic excellence also does not happen by accident. “Baruch College is committed to admitting a strong and diverse student body, and then to providing services to help retain and graduate the majority of these students,” notes President Mitchel B. Wallerstein. “Each student benefits from the award-winning services we’ve created and continue to offer despite dwindling state support. Our Writing Center and the Bernard L. Schwarz Communication Institute focus on building strong communication skills, while the centers for Academic Advisement and Student Academic Consulting help them navigate the system and their coursework. We’re focused on the whole student during his or her academic years and then on into his or her professional career, so our Starr Career Development Center ensures each student gets early support in career development. Rounding out the equation, our nationally recognized faculty provides a real-world education that dovetails with our strong ties to New York’s businesses, non-profit and cultural institutions.” At its core, concludes President Wallerstein: “Baruch College offers students the ability to succeed in their chosen profession without the burden of high student debt.”
Baruch College traces its roots to the creation in 1847 of the Free Academy, the first free public institution of higher education in the U.S. On opening day, then-president of the Free Academy Horace Webster declared, “The experiment is to be tried, whether the children of the people — the children of the whole people — can be educated and whether an institute of learning of the highest grade can be successfully controlled by the popular will, not by the privileged few but by the privileged many.” We can say with pride and confidence that the experiment continues to be a resounding success and a model for the nation.