The University of Washington and Western Washington University have once again made it on the list of 100 top public schools that offer the most value for the money. The ranking of colleges and universities is done annually by Kiplinger’s Magazine.
The UW ranks 11th in value for in-state students. WWU ranks 91st. They’re the only two Washington public schools that made the list, ranking in the top 100 best values for both in-state and out-of-state students.
On a separate Kiplinger’s ranking that compared private universities, two Spokane schools make the top 100: Gonzaga University, 36th, and Whitworth University, 45th. And among liberal arts colleges, Whitman College in Walla Walla ranks 29th.
Kiplinger’s takes into account a school’s admit rate, its four-year graduation rate, the number of students per faculty member, the cost of a year of tuition, the average amount offered in financial aid and the average debt at graduation.
In past years, Kiplinger’s used a school’s six-year graduation rate, but this year it is basing its rankings on the four-year graduation rate. “That change penalizes schools with a high percentage of students that graduate in five or six years, but it’s based on simple math: The faster your child graduates, the less money you’ll spend on his or her education,” the editors write.
The UW’s four-year graduation rate is 58 percent. WWU’s is 38 percent.
Private schools do considerably better at graduating students on-time. Gonzaga’s four-year graduation rate is 68 percent, Whitworth’s is 65 percent and Whitman’s is 80 percent.