Kiplinger Says UConn Ranks 25th in Value

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Kiplinger\’s looked at 130 public schools and gave the University of Connecticut the 25th slot. That\’s the best value in New England. The list is here.

Here\’s how they did it:

To come up with our best values for 2012–13, we start with data on nearly 600 public four-year schools provided by Peterson\’s, then add our own reporting. We narrow the list to about 130 schools, based on measures of academic quality. We then rank each school based on cost and financial aid. Quality accounts for 55%, and cost accounts for 45%.

… To evaluate costs, we look at tuition, fees, room and board, and books. We give the most points to schools with the lowest in-state total cost and equal points to schools that reduce the price through grants (shown as cost after need-based aid) and those that reduce the price through non-need-based aid. We reward schools with the highest percentage of need met, and we give points up to the same maximum to schools based on the percentage of students without need who receive non-need-based aid. We calculate out-of-state cost separately and use the same criteria to assign an out-of-state rank.

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