Kiplinger's names IU Bloomington a 'best value'
FOR IMMEDIATE RELEASE
BLOOMINGTON, Ind. -- Indiana University Bloomington continues to be one of the best values in public higher education, according to Kiplinger’s Personal Finance, which unveiled its 2014 list of the “100 Best Values in Public Colleges” today.
IU Bloomington rose two spots from last year’s list to 37th overall and has been named among the top 40 public schools on the Kiplinger’s list, which recognizes four-year schools that combine outstanding education with economic value, for seven consecutive years. IU ranked fourth among Big Ten universities.
"IU Bloomington continues to deliver on its promise of an accessible world-class education,” said Lauren Robel, IU executive vice president and provost of the IU Bloomington campus. “Our consistently high placement on this and other value-based rankings reflects our focused commitment to both affordability and student success. Bottom line: An IU Bloomington education is a terrific investment."
Kiplinger’s assesses quality according to a number of measures, including the admission rate, the percentage of students who return for sophomore year, the student-faculty ratio and the four-year graduation rate. Cost criteria include low sticker prices, abundant financial aid and low average debt at graduation.
“We are, again, quite pleased to have been named as one of the top best values in public higher education,” said MaryFrances McCourt, IU vice president, chief financial officer and treasurer. “Our moving up in the ranking reflects our continued commitment to providing an affordable education through modest tuition increases, investment in financial literacy and reduction in student debt and cost containment within our administrative functions. We remain focused on value while we build on the quality delivered.”
The best-value rankings will appear in Kiplinger’s February 2014 issue hitting newsstands Dec. 31. They are also available online.
“The college landscape today is very different; tuition increases and student debt dominate the national conversation surrounding higher education,” said Janet Bodnar, editor of Kiplinger’s Personal Finance. “This year’s top 100 schools have made admirable strides to maintain academic integrity and standards while meeting the financial needs of their students.”