Berea Named a 2017 “Best College Value” by Kiplinger’s Personal Finance

-Recognized for Embodying Exceptional Academic Quality and Affordability-

colleges

Long known for providing access to high-quality, low-cost education, Berea College has been named to Kiplinger’s Personal Finance’s list of the Top 300 Best College Values of 2017.

Kiplinger’s list of Best Values in Liberal Arts Colleges places Berea in the top 50 in the U.S.. Berea earned the 42nd spot on the magazine’s list of 100 best values in private liberal arts colleges. Among the top 300 American schools selected by Kiplinger’s, Berea College took the 73rd among all colleges and universities.

Introduced in 1998, Kiplinger’s rankings now combine public schools, private universities and private liberal arts colleges into a single, comprehensive list. Kiplinger’s also ranked the top 100 best values in each category.

In assessing schools, Kiplinger’s quality measures look at more than cost, with particular attention on the admission rate, the retention rate of students who return for sophomore year, the student-faculty ratio, and the four-year graduation rate. Cost criteria include sticker price, financial aid and average debt at graduation. Unlike other rankings, which include subjective criteria in their assessments, Kiplinger restricts its analysis to measurable standards of academic quality and affordability. Kiplinger’s was the first ranking to focus on value, their core mission.

Janet Bodnar, Editor of Kiplinger’s Personal Finance magazine said, “There’s no way around it: College is expensive, and it’s going to stay that way for a long time. So, with our rankings—which weigh affordability alongside academic quality—our goal is to help students and their parents understand what’s really worth the price. While some may have ranked higher than others, all 300 schools on the list are of extraordinary value, being chosen out of a universe of 1,200.”

Berea College provides a Tuition Promise Scholarship, meaning students and their families do not have to pay tuition. Berea also makes education affordable by hiring its students to work for the College to earn money for other expenses, such as room, board, and books. As a result, Berea’s students are able to graduate with little or no debt, as compared to the nation average of nearly $30,000.

The complete rankings are now available online at kiplinger.com/links/colleges and appear in print in the February 2017 issue of Kiplinger’s Personal Finance, which are currently available at newsstands.

At Kiplinger.com, visitors have access to the “Find the Best College for You” tool and other tools that let readers sort by admission rate, average debt at graduation and other criteria for all schools, plus in-state and out-of-state cost for public universities.

About Berea College

Berea College, the first interracial and coeducational college in the South, focuses on learning, labor and service. The College admits only academically promising students with limited financial resources, primarily from Kentucky and Appalachia, although students come from 40 states and 60 countries. Every Berea student receives a Tuition Promise Scholarship, which means no Berea student pays for tuition.  Berea is one of eight federally recognized Work Colleges, so students work 10 hours or more weekly, earning money for books, housing, and meals.  The College’s motto, “God has made of one blood all peoples of the earth,” speaks to its inclusive Christian character.

About Kiplinger

For nine decades, the Kiplinger organization has led the way in personal finance and business forecasting. Founded in 1920 by W.M. Kiplinger, the company developed one of the nation’s first successful newsletters in modern times. The Kiplinger Letter,launched in 1923, remains the longest continuously published newsletter in the United States. In 1947, Kiplinger created the nation’s first personal finance magazine. Kiplinger.com is the fastest growing Web site in the personal finance space. Located in the heart of our nation’s capital, the Kiplinger editors remain dedicated to delivering sound, unbiased advice for your family and your business in clear, concise language. Become a fan of Kiplinger on Facebook or Kiplinger.com and follow Kiplinger on TwitterLinkedIn and Tumblr.