RUSTON, La (Press Release) - Kiplinger, the nation’s most recognized publisher of business forecasts and personal finance advice, has ranked Louisiana Tech University No. 1 in the state and No. 66 in the nation for in-state students at public institutions, in its recently released Best College Values 2016 report.
Based on quality and affordability, Kiplinger’s Best College Value analyzed over 1,200 colleges and universities across the country to determine the top 300 best values. Specifically, they looked at factors such as competitiveness, graduation rates, academic support, cost of financial aid and student indebtedness. The quality measures account for 55 percent of total points with cost measures accounting for 45 percent.
Louisiana Tech also ranked No. 1 in Louisiana among public universities for out-of-state students and No. 80 nationally. Louisiana State University was the only other public institution to make the Best College Value list, ranking No. 70 for in-state students and No. 83 for out-of-state students.
“Louisiana Tech has built a national reputation for providing our students with a high quality education and college experience, and an excellent value,” said Louisiana Tech President Les Guice. “I am pleased to see our efforts recognized by respected organizations like Kiplinger and credit the faculty and staff of Louisiana Tech for earning us these national accolades.
“We look forward to continuing to build our brand on a foundation of offering students the best quality, value and return on investment on their college educations.”
A total of four Louisiana institutions made the overall list of the best 300 public and private institutions including Tulane University (162), Louisiana Tech (249), Louisiana State (257) and Centenary College (274). Washington and Lee University (VA) topped the overall list followed by Princeton University, Harvard University, Davidson College (NC) and Swarthmore College (PA).
Kiplinger’s Best College Values report capped a strong 2015 for Louisiana Tech that included a number of national rankings. In addition to a fifth consecutive Tier One National Universities ranking, U.S. News & World Report placed Louisiana Tech at No. 1 in the nation among pubic institutions for graduating students with the lease average amount of debt. PayScale.com ranked Louisiana Tech No. 1 in the state and No. 70 in the nation in its 2015-2016 College Salary Report for average mid-career salaries for graduates.
PayScale.com also ranked Tech as the state’s top institution in its 2015 College ROI Report in both annual percent ROI and 20-year net ROI, for in-state and out-of-state students, and No. 13 in the nation (in-state tuition) in highest annual percent ROI for students living on-campus and receiving financial aid. Business Insider, the Internet’s largest business news website, ranked Louisiana Tech the nation’s sixth most underrated college, according to its annual list of the 50 Most Underrated Colleges in America.