Michigan Tech Makes Kiplinger's Top 100
HOUGHTON--Michigan Technological University has again made Kiplinger's
"100 Best Values in Public Colleges." "It's important to be
affordable, but it's more important for us as a university to provide
a top-quality education," Michigan Tech President Curt Tompkins said.
"Being named among Kiplinger's '100 Best Values' is an indication
that we're achieving two of our main goals: Our students receive an excellent
education at Michigan Tech, and they get it for a reasonable price."
Schools are evaluated based
on tuition, total costs, cost after financial aid and debt upon graduation;
as well as four- and six-year graduation rates, student:faculty ratios
and SAT or ACT scores. The University of Michigan, Ann Arbor, was fifth
on the list this year, with Michigan State ranking 63rd. No other Michigan
schools were ranked in the top 100.
The Kiplinger survey, published
in its October 2002 edition, relies on data collected by Wintergreen-Orchard
House, a division of Riverside Publishing, which gathers statistics each
year on more than 600 U.S. public colleges and universities. In addition,
the magazine uses data from the US Department of Education and its own
research.
"We place a greater weight
on quality (two-thirds) rather than cost (one-third) because a good value
isn't necessarily determined by the lowest absolute cost," Kiplinger
reporter Josephine Rossi wrote in her article "Baccalaureate Bargains."
For more information, visit
http://www.kiplinger.com/links/college
9/16/02--MTN099
Every two years, "Kiplinger's Personal Finance" selects the
nation's top 100 public colleges and universities based on quality and
then sorts them according to a combination of quality and cost. Michigan
Tech ranked 57th.