CUNY colleges named a great value by Money magazine

Money magazine has named seven CUNY colleges among the top fifth of 744 schools nationwide in its “Best Colleges for Your Money 2019” ranking.

Money ranks Baruch College second overall nationally. Also listed among the country’s top schools are Brooklyn College (35), John Jay College of Criminal Justice (53), Queens College (100), Lehman College (110), The City College of New York (115), and Hunter College (128). Also named is the College of Staten Island (418).

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“Money magazine’s rankings confirm once again CUNY’s standing as the nation’s leading urban university system, an indispensable New York City institution with a track record of transforming lives,” said Chancellor Félix V. Matos Rodríguez. “CUNY’s singular quality, affordability and outcomes continue to help generations of low-income New Yorkers of all backgrounds join the middle class and attain their American Dream.”

The Money rankings examine 26 measures of educational quality, affordability and alumni success. Each category accounts for one-third of a school’s final score. Specific factors include six-year graduation rates and how many Pell Grant recipients a school graduates; short- and long-term affordability, including net costs after financial aid, the amount typically borrowed through federal programs, and loan default and repayment rates; and alumni salary data from PayScale.com and the federal College Scorecard.

Another key consideration informing the rankings is the social mobility rate developed by Stanford University Professor Raj Chetty. That study’s rankings measured how effective each college has been at propelling low-income students into the middle class and beyond over the past 20 years. As Money magazine explains, that critical assessment ends up “pointing to colleges that help students achieve the American dream.”

The City University of New York is the nation’s leading urban public university. Founded in 1847, CUNY counts 13 Nobel Prize and 24 MacArthur (“Genius”) grant winners among its alumni. CUNY students, alumni and faculty have garnered scores of other prestigious honors over the years in recognition of historic contributions to the advancement of the sciences, business, the arts and myriad other fields. The University comprises 25 institutions: 11 senior colleges, seven community colleges, William E. Macaulay Honors College at CUNY, CUNY Graduate Center, Craig Newmark Graduate School of Journalism at CUNY, CUNY School of Labor and Urban Studies, CUNY School of Law, CUNY School of Professional Studies and CUNY Graduate School of Public Health and Health Policy. The University serves more than 275,000 degree-seeking students. CUNY offers online baccalaureate and master’s degrees through the School of Professional Studies.

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