Michigan Ranked #2 in Money Magazine's Best Value Rankings

Submitted by mgoblue99 on

Money Magazine ranked Michigan #2 nationally in its recent "Best Value" rankings. Full rankings/list at following link: http://new.money.com/money/best-colleges/rankings/best-colleges/

 

Free Press had an online article aout the rankings: http://www.freep.com/story/news/local/michigan/2016/07/11/university-michigan-soars-up-best-college-list/86941248/

 

Go Blue!

1VaBlue1

July 11th, 2016 at 12:40 PM ^

2-3 wives are a value?  No.  Just no.

They're not like kids - multiple's don't entertain themselves!  They each want 'things'.  And when one gets a 'thing', the others have to have a different 'thing'.  

I base this off trying to entertain one wife.  That is enough for me!

Tuebor

July 11th, 2016 at 12:51 PM ^

BYU is heavily subsidized by the LDS so their tuition is extremely low compared to the other universities on this list.  Lower tuition prices are going to help you get a better value.

Markley Mojo

July 11th, 2016 at 12:26 PM ^

Last year's 1-2-3 (Stanford, Babson, MIT) went 10, 109, and 11 in this year's rankings.

A lot of tweaking of the weights of the 20+ factors that are included in the methodology.

Two new factors are College Scorecard (10-year earnings of finaid recipients based on IRS data) and "Job meaning": the average alumni score for a payscale.com survey question: "Does your work make the world a better place?"

Always nice to see recognition of Michigan, but still feels a little arbitrary.

(That said ... ND #31, MSU #54, OSU #130)

LSAClassOf2000

July 11th, 2016 at 2:07 PM ^

You're right, of course, in that these results seem to vary greatly from year to year, but it was very interesting to see Michigan at #2 and then not another Big Ten representative until Maryland at #19 and then Illinois at #22. It would be interesting to see how different that is next year actually. 

mgoblue0970

July 11th, 2016 at 1:13 PM ^

Those results must be factored with in-state tuition rates because Michigan is one of the most expensive out of state public schools in the country. 

SBayBlue

July 11th, 2016 at 5:45 PM ^

Many of us live out of state. We live in Cali, and as an alum, as much as I would love for my kids to attend Michigan, why would I pay nearly 2X for 4 years to attend Michigan when they can attend Berkeley, UCLA, UCSD, UCSB, Irvine, or Davis ($120K vs $240K)? 

For a school with as large of an endowment as Michigan, why can't they offset the high OOS tuition to keep it in check with other state schools?

From 2014 (it's worse now)
http://www.businessinsider.com/expensive-colleges-for-out-of-state-stud…

drzoidburg

July 11th, 2016 at 9:07 PM ^

there are a ton from CA here, and part of the reason is spots for in state kids in the UCal system are extremely limtied. Mostly though, the UM degree on average opens more opportunities than Irvine etc, and if you have limitless wealth like a lot of their parents... this year's incoming class will probably be 50% out of state, so clearly lowering the cost is unnecessary

SBayBlue

July 11th, 2016 at 11:34 PM ^

In the past 5-10 years, there have been fewer spots in CA for in state kids. However, the UC system is adding another 10K kids into the enrollment, and there is a bill going through the State Senate prohibiting in state kids being rejected with the same credentials as out of state kids.

As for Michigan opening doors, I don't see it. Sure, it helped me in applying for grad school, but not any more than a UC degree from their first tier (the ones I mentioned), especially on the West Coast.

The bottom line is that if you went to an Ivy, or Stanford, or believe or not Notre Dame with one of the strongest alumni networks, than yes, where you went to undergrad may matter and help. It certainly though isn't "$120K more matters".

Perkis-Size Me

July 11th, 2016 at 2:08 PM ^

Is this going solely by instate tuition rates? Last I checked, didn't Michigan have one of the highest OOS tuition rates out there for public universities? Even before raising the tuition rates again recently? 

Markley Mojo

July 11th, 2016 at 2:44 PM ^

Yes, rankings assume in-state tuition. From the methodology details: "Many students are interested in attending public colleges out of state. But public colleges charge higher tuition to out-of-state students. We will consider developing a cost and value comparison for out-of-state students."

Blue Balls Afire

July 11th, 2016 at 2:11 PM ^

Factoid from the SI article on this topic: Alabama (No. 642). Bama is actually dead last among Power Five schools.

Dear Bama recruits, here's hoping you remain healthy and make it to the League.