ANN ARBOR – Kiplinger has released their rankings of the best-value public colleges in 2015. The University of Michigan is ranked No. 6 out of 100 for in-state students, but 13th for out-of state enrollees.
Other Big Ten universities making the top 10 include the University of Wisconsin, ranked No. 8 and 4, respectively, and the University of Maryland ranked No. 9 and 14.
Kiplinger looked at factors like:
Four-year graduation rate
Low student-faculty ratios
Reasonable price tags
Generous need-based aid
U-M retained the same ranking as last year. The 2.5 percent increase in 2014-15 tuition is below the 3 percent national average. The average out-of-pocket expense for in-state students is $10,901 per year.
?After ascending in our rankings for several years, the University of Michigan holds steady at number six this year. Modest cost increases and a consistently improving graduation rate helped the school climb our list in recent years. This year, a smaller student-faculty ratio, a slight decrease in average student debt and another lower-than-average cost increase for in-state students help this state flagship maintain its rank,? Kiplinger said.
The top five listed were:
University of North Carolina
University of Virginia
University of Florida
University of California, Berkeley
University of California, Los Angeles
