By Staff Reports
(Victor Valley)– Cal State San Bernardino has been named one of the nation’s best colleges in Money magazine’s listing of the 2019 top colleges ranked by value.
The rankings listed CSUSB as 70th out of 744 listed colleges and universities. CSUSB was also listed 46th among the top 50 Best Public Colleges and 21st among the top 50 Best Colleges Where More Than Half of Applicants Get In.
“Cal State San Bernardino is honored to be named as one of the Best Colleges in the U.S. It is a tribute to our outstanding and dedicated faculty, staff and administrators who work hard to ensure our students receive the best education and collegiate experience possible,” said CSUSB President Tomás D. Morales.
Each of the colleges were listed in six categories: median SAT/ACT score; estimated price 2019-20 without aid; estimated price 2019-20 with an average grant; percentage of students who receive grants; average student debt and early career earnings.
- Median SAT/ACT score – 1000/19
- Estimated price 2019-20 without aid – $25,300
- Estimated price for students who receive aid – $9,300
- Percentage of students who receive grants – 81 percent
- Average student debt – $15,000
- Early Career Earnings – $47,900
To be considered for the rankings, Money magazine looked at colleges that:
- Have at least 500 students.
- Have sufficient, reliable data to be analyzed.
- Are not in financial distress.
- Have a graduation rate that was at or above the median for its institutional category (public, private or historically black college or university), or have a high “value-added” graduation rate (by scoring in the top 25 percent of graduation rates after accounting for the average test scores and percentage of low-income students among its enrollees).
A total of 744 schools met those requirements, and in turn were ranked in three categories:
- Quality of Education focusing on the six-year graduation rate, value-added graduation rate, peer quality, instructor quality, financial troubles that can affect the quality of education as a growing number of schools are facing funding challenges, and how many Pell Grant recipients a school graduates;
- Affordability focusing on the net price of a degree, debt, student loan repayment and default risk, value-added student loan repayment measures, and affordability for low-income students;
- Outcomes focusing on graduates’ earnings, earnings adjusted by majors, college scorecard 10-year earnings, value-added earnings, college scorecard employment outcomes, job meaning and socio-economic mobility index – the percentage of students at each school that move from low-income backgrounds to upper-middle class jobs by the time the student reaches their mid-30s.
Then using statistical techniques, all the data points were turned into a single score and the schools were ranked using those scores. Money magazine used information from the U.S. Department of Education, Peterson’s, PayScale.com and MONEY/College Measures calculations.
Visit Money magazine’s CSUSB webpage.