Personal Finance
11 Connecticut Colleges Offer Best Value For Money
Prospective CT college students looking to keep ahead of inflation now have a new tool and resource to help narrow down their choices.
CONNECTICUT — Everything costs more, but prospective Connecticut college students looking for careers with paychecks that will keep ahead of inflation now have a new tool and resource to help narrow down their choices: Money's new "Best Colleges in America, Ranked By Value" report.
There were just 671 schools that met Money’s strict criteria, which required an enrollment of 500 or better, a graduation rate at or above the mean for the category of institution, and a strong balance sheet. The full methodology can be found here.
Money parsed the data along three categories: affordability, including the availability of grants and other financial aid; quality of education; affordability, including the availability of grants and other financial aid; and outcomes, a category that takes a comprehensive look at earnings after graduation, graduates' economic mobility and a new measure on return on investment using data from the Bipartisan Policy Center.
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For students who want to stay in Connecticut to go to college, the following colleges offer the most value, according to the ranking:
Yale University, New Haven
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- Overall score: 90.03
- Acceptance rate: 7 percent
- Estimated full price, 2022-23: $81,600
- Estimated price with average grant: $18,500
- Percent of students who get grants: 56 percent
Trinity College, Hartford
- Overall score: 76
- Acceptance rate: 36 percent
- Estimated full price, 2022-23: $79,000
- Estimated price with average grant: $27,700
- Percent of students who get grants: 51 percent
Wesleyan University, Middletown
- Overall score: 75.98
- Acceptance rate: 21 percent
- Estimated full price, 2022-23: $80,900
- Estimated price with average grant: $24,100
- Percent of students who get grants: 42 percent
University of Connecticut, Storrs
- Overall score: 75.03
- Acceptance rate: 56 percent
- Estimated full price, 2022-23: $36,100
- Estimated price with average grant: $23,500
- Percent of students who get grants: 65 percent
Fairfield University, Fairfield
- Overall score: 67.95
- Acceptance rate: 56 percent
- Estimated full price, 2022-23: $71,800
- Estimated price with average grant: $45,600
- Percent of students who get grants: 87 percent
Connecticut College, New London
- Overall score: 64.49
- Acceptance rate: 38 percent
- Estimated full price, 2022-23: $79,500
- Estimated price with average grant: $42,700
- Percent of students who get grants: 94 percent
University of Saint Joseph, West Hartford
- Overall score: 64.16
- Acceptance rate: 78 percent
- Estimated full price, 2022-23: $58,000
- Estimated price with average grant: $25,500
- Percent of students who get grants: 93 percent
Quinnipiac University, Hamden
- Overall score: 62.92
- Acceptance rate: 82 percent
- Estimated full price, 2022-23: $70,900
- Estimated price with average grant: $44,200
- Percent of students who get grants: 91 percent
Eastern Connecticut State University, Willimantic
- Overall score: 60.27
- Acceptance rate: 70 percent
- Estimated full price, 2022-23: $30,700
- Estimated price with average grant: $20,200
- Percent of students who get grants: 79 percent
Sacred Heart University, Fairfield
- Overall score: 54.08
- Acceptance rate: 66 percent
- Estimated full price, 2022-23: $66,500
- Estimated price with average grant: $45,700
- Percent of students who get grants: 91 percent
Albertus Magnus College, New Haven
- Overall score: 53.26
- Acceptance rate: 81 percent
- Estimated full price, 2022-23: $59,300
- Estimated price with average grant: $29,000
- Percent of students who get grants: 87 percent
Money also has a tool that students and parents can use to further narrow down their search and build a customized list that uses its high-value college rankings to create a grouping that best matches a student’s interests. The list can be re-ranked, based on the importance of financial aid and post-graduate earnings, Money said.
Nationally, the Top 10 schools based on value are:
- University of Michigan, Ann Arbor
- University of North Carolina at Chapel Hill
- University of Virginia, Charlottesville
- Massachusetts Maritime Academy, Buzzards Bay
- Virginia Military Institute, Lexington
- Georgia Institute of Technology, Atlanta
- University of Illinois at Urbana-Champaign
- University of Florida, Gainesville
- University of California, Irvine
- University of California, Davis
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