Best value colleges: Which schools pay off?
Parents and college-bound students know the cost of a 4-year university is going up, up, and up! However, the authors of a new study say don't let the sticker shock scare you off. The Princeton Review found many of the nation's most selective colleges and universities are able to provide a top-notch education and their graduates have student debt loans below national average.
"College-bound students and their families are understandably scared about paying for college, but a lot of people never make it past the sticker price," says Robert Franek, senior vice president of The Princeton Review, a New York-based education services company that is not affiliated with Princeton University. "It's such an avoidable mistake."
The Review had now released its 2013 Best Value Colleges. It includes 150 schools total: 75 public and 75 private. It says these institutions offer the best deal for your money.
The top three universities are University of Virginia in Charlottesville, University of North Carolina at Chapel Hill, and New College of Florida in Sarasota.
The University of Michigan in Ann Arbor came in at number 9.
Here's a link to a longer USA Today article: www.usatoday.com/story/money/personalfinance/2013/02/05/princeton-review-best-value-colleges-interactive/1890969/