Princeton University Offers Best Education Value In Nation, Report Says

PRINCETON, NJ — While the general population is logging on to find the best savings for Amazon Prime Day, Money Magazine is helping those looking at potential colleges find the best education for their buck. And it’s good news for New Jersey residents.

Princeton University topped the magazine’s recent list of Best Colleges For Your Money. The list was compiled using six areas, including median SAT/ACT Score, estimated price without aid for the upcoming year, estimated price with a grant, percentage of enrollees who get grants, percentage of enrollees who get merit grants and the estimated amount of money graduates will make early in their career. A total of 711 colleges were ranked on the list.

According to the list, the average SAT score for a Princeton University student is 1500, and the estimated ACT score is 33.

An education at Princeton University for the 2017-18 school years is expected to cost about $65,300, without any aid. Graduates don’t need to be in debt very long, as the average early career earnings amount to about $67,600.

Those attending on grants are in even better shape. The estimated price of an education at the Ivy League university is $19,300, and nearly 60 percent of attendees attend using need-based grants.

The university topped CUNY Bernard M Baruch College in New York for the top spot. The University of Michigan was third, followed by the University of California-Berkeley and the University of California-Los Angeles (UCLA).

It was the only New Jersey college in the top 20, with The College of New Jersey (TCNJ) checking in at No. 24. Harvard was the second highest ranked Ivy League college, at No. 10, followed by Yale at No. 14. The University of Pennsylvania was No. 27.

To view the full list, visit time.com.

Patch file photo