AU one of four WNY institutions on Forbes list of top colleges
Alfred University is one of four Western New York institutions selected for Forbes 2013 Top Colleges in the United States slate, making it once again among the top 20 percent of colleges and universities in the nation to be included on the prestigious list.
For the sixth year, Forbes has partnered with the Washington, D.C.-based Center for College Affordability and Productivity (CCAP) to compile the list. According to CCAP: “We’re not all that interested in what gets a student into college, like our peers who focus heavily on selectivity metrics such as high school class rank, SAT scores and the like. Our sights are set directly on ROI: What are students getting out of college?”
The staff at CCAP gathers data from a variety of sources. They use 12 factors to calculate these rankings, each of which falls into one of five general categories:
Student Satisfaction (22.5 percent) - This is based on student evaluations from RateMyProfessor (15 percent), the largest site for professor ratings.
Post-Graduate Success (37.5 percent) - Salary of alumni by school is pulled from Payscale.com (15 percent), the market leader in global online compensation data.
Student Debt (17.5 percent) - This list looks at three components of student debt: average federal student loan debt load (10 percent), student loan default rates (5 percent) and predicted vs. actual percent of students taking federal loans (2.5 percent).
Graduation Rate (11.25 percent) - CCAP evaluates how many students actually finish their degrees in four years, considering both the actual graduation rate (8.75 percent) and the actual vs. predicted rate (2.5 percent).
Nationally Competitive Awards (11.25percent) - This category rewards schools whose students win prestigious scholarships and fellowships like the Rhodes, the National Science Foundation and the Fulbright (7.5 percent) or go on to earn a Ph.D.(3.75 percent).
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