Elmhurst College Ranks Among State's Best Value Colleges: Forbes

ELMHURST, IL — Elmhurst College has placed ninth among the top 10 schools in Illinois in this year's Forbes magazine rankings of the country's best values in higher education, according to a release from the school. Elmhurst College also placed in the top 13 percent of colleges and universities national.

The Forbes rankings, called “America’s Best Value Colleges 2017: 300 Schools Worth The Investment,” highlight where prospective college students can get the most out of their money and whether a particular college will deliver a meaningful return on investment, according to the release.

Forbes’ 2017 Best Value College ranking selected 300 schools nationally—out of the approximately 2,360 four-year colleges and universities in the U.S.—that get you the most for your money, according to a release. To develop the list, Forbes used data collected from the U.S. Department of Education's College Scorecard as well as PayScale, the world's largest salary database. The rankings formula was based primarily on school quality, alumni mid-career earnings, student debt levels and on-time graduation success, as well as dropout risk rates and enrollment figures for Pell Grant recipients, according to a release.

According to the release, only 11 colleges and universities from Illinois made the list. Aside from Elmhurst, the list included the University of Chicago, Northwestern University, the University of Illinois (the Urbana-Champaign and Chicago campuses), Loyola University, Illinois Wesleyan University, DePaul University, Bradley University, Wheaton College and Illinois State University.