Philadelphia colleges named as best values in Money Magazine
Money Magazine named Holy Family and La Salle universities in the top 10 of its list of 25 colleges adding the most value. The list consists of colleges that turn out graduates who earn more than what is average within their peer groups.
When compiling this list, Money Magazine considered the percentage of the schools’ graduates and how much alumni typically earn.
The magazine measured this rate with the graduation rate outperformance and the earnings rate outperformance. These percentage rates represent a comparison to colleges of similar socioeconomic and academic backgrounds.
Holy Family tied for fourth with Maine Maritime Academy. The university was recognized for its graduation outperformance rate of 16 percent and an earnings outperformance of $12,150
La Salle ranked eighth in the list for its graduation outperformance rate of 18 percent and an earnings outperformance rate of $10,270.
New Jersey has a school to be proud of as well. Rutgers University-Newark tied for ninth place with California State University-Northridge. Rutgers was recognized for its graduation outperformance rate of seven percent and an earnings outperformance of $10,550.
Additionally, Holy Family ranked 68th in the overall category of best colleges. The university has an average annual salary rate of $49, 400 for students who graduate within five years.
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