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MONEY Magazine Ranks Manhattan College No. 3 Among Best Value Colleges
The College rated highly based on comparative-value grades for graduation rates, earnings, and student loan repayment.
MONEY magazine, a publication of Time, Inc., ranked Manhattan College No. 3 on its list of the 50 colleges that add the most value.
“It’s not surprising that elite schools report high graduation rates, or alumni success,” it was written in the magazine. “What’s impressive is when a college helps students do far better than would be expected from their academic and economic backgrounds (something we measure with what we call a comparative-value grade).”
Five years after graduation, Manhattan College alumni earn an average salary of $58,000, which is 32 percent higher than similar schools and more than $7,500 higher than the averages reported by graduates of nearby schools, such as New York University and Fordham.
The magazine also notes that 92 percent of Manhattan College students receive financial aid with 67 percent of students receiving need-based aid, based on sources including the U.S. Department of Education, Peterson’s PayScale.com, and MONEY/College Measures calculations.
Within the publication, current Manhattan College students said: “I have so many resources here,” and “the internships given out are helpful for finding a career and being inspired to work towards specific jobs in the future.”