![]() Tiny Albion, which has reduced its enrollment deposit to $250, can’t afford not to be aggressive in its pricing. Those families with incomes over $65,000 will receive a minimum of $92,000 in grants over four years. This fall, the small liberal arts college (1,500 students) says it will combine virtual learning with two in-person classes per student, and it has pledged that Michigan families earning under $65,000 per year will have all tuition and fees waived. However the college boasts of offering 98% of its students “scholarships” with the average freshman receiving $34,000. Michigan’s Albion College, for example, located along the Kalamazoo River about an hour west of Ann Arbor, has stated tuition and fees of just over $60,000 per year. Even during good years, the vast majority of tuition-dependent colleges offer discounts in the form of grants to incoming freshman. Those interested in applying to one of colleges listed below-especially the private colleges-should expect to pay less than the tuition prices listed on their web sites. Post-Covid-19, many schools have seen their financial health deteriorate and in general, any college with a financial grade of C or lower probably has a challenging future ahead of it. Our financial data comes from the Department of Education and is thus two-years old. And for those concerned about the viability of some of the colleges among the 169, we have included our 2019 Financial Grades, which measures the operational soundness and balance sheet strength of private not-for-profit colleges according to nine variables ranging from endowment per student to operating margin and instructional expenses per student. ![]() We discovered that 169 “Best” colleges are still desperately seeking students.īelow you will find a list of these schools annotated by Forbes’ own America’s Top Colleges ranking, which awards colleges based on academics, experiences, career success and lowest student debt. For our 30th edition, we surveyed 154,000 students from across the country and looked back at our ranking lists from the past to find those schools consistently recognized for things like financial aid, career services, and great food. Forbes consulted Princeton Review’s annual 385 Best Colleges guide, which identifies academic standouts among institutions of higher education regardless of their popularity or financial strength, and cross referenced it with NACAC’s college openings list. The Best 387 Colleges: 2022 Edition is here.
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