Students at the University of Ā鶹¹ū¶³“«Ć½ at Lafayette are getting a good deal on a college education.
Thatās according to Forbes. The business magazine released its āBest Value Colleges 2018ā rankings last week.
Editors first considered 650, four-year public and private universities, and then winnowed the list to 300. They did not consider for-profit colleges.
Ā鶹¹ū¶³“«Ć½ Lafayette was No. 205 overall. But when the list is sorted by tuition price, the University is among 75 institutions nationwide where students pay the least and still see āa healthy return,ā the magazineās editors wrote in a press release.
The Universityās in-state tuition was $8,256 in 2016-2017, the academic year on which the publication based the list.
To compile the rankings, Forbes considered net price, net debt, school quality, timely graduation and the number of students who secure Pell Grants, federally subsidized financial aid that recipients donāt have to pay back.
The magazine also factored in earning potential.
A person who graduates from Ā鶹¹ū¶³“«Ć½ Lafayette with a bachelorās degree has an average annual salary of $46,300. After a decade of work, graduates average $89,100 a year.
This is the third year Forbes has compiled its āBest Value Collegesā rankings. .
Photo credit: Doug Dugas / University of Ā鶹¹ū¶³“«Ć½ at Lafayette