Baruch College Earns Top Money Magazine Ranking
Reinforces Social Mobility Success for Students
New York, NY - July 11, 2017 - Money Magazine announced that Baruch College ranks #1 among the “Best Public Colleges” and #2 for “Best Colleges for Your Money” in its final analysis of 711 schools across the nation.
Social Mobility for Students
These rankings put Baruch College ahead of such prestigious schools as Stanford, Harvard, Columbia, and Massachusetts Institute of Technology.
"This new, independent ranking from Money reinforces other recent evidence that Baruch College is an agent for social mobility, providing underserved students the academic training and professional skills they need to achieve career success, higher earnings, and a shot at the American dream,” said Dr. Mitchel B. Wallerstein, president of Baruch College. “We do this not only by providing an excellent education at a highly affordable price, but also by focusing on a student’s path to on-time graduation and delivering strong support and professional development programs throughout their college experience.”
The annual list, which is a ranking evaluating colleges on educational quality, affordability and alumni success, features colleges that “provide a boost in the job market and offer graduates the best odds of real-world success.”
In its announcement, Money pointed to Baruch College’s value, its strong job outcomes for alumni, and its nationally recognized track record in advancing social mobility among its students.
“CUNY Bernard M. Baruch College comes in at No. 2, up from No. 188 last year, above schools like Harvard, Yale and Stanford because it is highly affordable with tuition of just $6,330 and has a remarkable record of alumni success. Paychecks for recent graduates average more than $51,000 a year. And Baruch has the best record of moving low-income students into high-paying jobs of any large college in the country.”
Accolades for Affordability and New York City Location
Money noted of Baruch College“About 44% of undergraduates are considered low-income, which makes the college's affordability and graduation rate all the more impressive: 70% of students graduate within six years with an average debt load of just $8,500. This rate is all the more impressive considering that it is 32% higher than at schools with students from similar academic and economic backgrounds.”
In its profile of Baruch, Money cited the College’s New York City location which “helps Baruch draw one of the most ethnically diverse campuses in the country. Baruch students speak 128 different languages, and almost three-quarters of them are either minority or international students.” It also noted “the college's well-known Zicklin School of Business, which benefits from being just a few miles from Wall Street and close to the headquarters of many major corporations.”
Baruch College Alumni Featured
In its coverage, Money noted that “some other high-priced private schools scored poorly because their alumni aren't thriving in the job market. Instead, many affordable colleges, such as the City University of New York's Baruch College (our No. 2 college for 2017) and the University of Florida (No. 18), produce successful alumni with little debt.”
The article quoted alumna Ashley Hall ’16, a graduate of the Weissman School of Arts and Sciences, who told Money that she had chosen Baruch College over acceptances from New York University and Pace University. “I would have owed over $100,000 in loans, and that didn't make any sense to me at all," says Hall, who is a coordinator of client services for the Orchard, a division of Sony Music.
Video of the Top 10 Schools
Watch a video of Money Magazine’s ranking of the top 10 schools, which features Baruch College, here.
As a basis for its rankings, Money focused on three factors that “surveys show are the most important to parents and students:” Quality of education, Affordability, and Outcomes. From more than 2,000 schools, Money looked at 2,4000 schools and compiled an initial cut of 711 colleges that met such requirements as having sufficient, reliable data to be analyzed, were not in financial distress, and having at least 500 students.For more information on Money’s methodology go here.
About Baruch College
Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 18,000 students, who represent 164 countries and speak 129 languages. Ranked among the top 15% of U.S. colleges, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.
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