The Princeton Review named Michigan Technological University as one of its Best Value Colleges for 2024.
The education services company reports seven categories of ranked lists.
Among the nation’s public colleges and universities, Michigan Tech was named No. 2 on the list of Best Schools for Internships, No. 9 for Best Career Placement and No. 18 for Best Schools for Financial Aid. In the Best Value Colleges category, solely based on return on investment, or ROI, Michigan Tech was ranked No. 33. The Princeton Review gave Michigan Tech an ROI rating score of 90/99.
In Tech’s profile, the company’s editors praised the University for having an “atmosphere that nurtures learning” and how MTU “puts students first when it comes to their learning experience by providing hands-on opportunities and pathways for career development and professional advancement.”
“We are honored to be named one of The Princeton Review’s Best Value Colleges for 2024. This recognition reflects our dedication to providing students with an affordable, high-quality education that equips them for successful careers.”
The Princeton Review chose 209 schools for its 2024 lists based on data from surveys of administrators at more than 650 colleges in 2023-24. Topics covered everything from academics, cost and financial aid to graduation rates and student debt. The company also factored in surveys of current students as well as PayScale surveys of alumni about their starting and midcareer salaries and job satisfaction.
In all, The Princeton Review crunched more than 40 data points to tally the ROI ratings that the Best Value College selections were based on.
“The schools we chose as our Best Value Colleges for 2024 are a select group: they comprise only about 8% of the nation’s four-year undergraduate institutions,” said Rob Franek, editor-in-chief of The Princeton Review. “We commend their administrators, faculties, staff, and alumni for all they are doing to educate their students and guide them to success in their careers. These colleges are also exceptional for the generous amount of financial aid they award to students with need and/or for their comparatively low cost of attendance.”
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