Money magazine has named Babson College the No. 1 college in America on its new List of Best Colleges. According to the magazine, the rankings are based on “a new approach to ranking colleges that uses unique measures of educational quality, affordability, and career outcome s to help families find the right school at the right price.”
According to Money magazine, “Consider our overall winner, Babson College, in suburban Boston. Quality of education? Check. Babson specializes in business and entrepreneurship but also gives students a well-rounded education in liberal arts and sciences and lots of opportunity for hands-on project-based learning. Big financial payoff? Check again. Babson grads go on to earn hefty salaries, and the list of ventures they’ve started is impressive, including Home Depot and Zumba Fitness.”
Babson topped Money’s ranking of 665 schools nationally. The top five of Money’s best colleges are as follows:
- Babson College
- Webb Institute
- Massachusetts Institute of Technology
- Princeton University
- Stanford University
According to the magazine, the list of the best colleges took nine months to create. The list ranks 665 schools on 17 measures. The magazine took into account;
– the complete cost of a degree rather than a single year.
– which schools add the most value given the academic and economic background of the students who attend, and to level the playing field on majors
– whether graduates of a particular college earn more (or less) than average
– whether they got degrees in engineering or English.
Money senior writer Kim Clark, who created the rankings, said that the ranking, “is a list of colleges, some famous, some surprising, that, according to the best data available, provide real value. College is expensive, but the highly rated colleges on our list are the most likely to do a great job of educating your student and helping to launch him or her into a well-paying job.”