Money magazine says DePauw among best values in America
August 26, 2020
DePauw is among the 100 best-value colleges in America, according to Money magazine.
“Going to college shouldn’t mean a lifetime of debt,” the magazine said. “To find the schools that successfully combine quality and affordability, Money weighed more than 20,000 data points, including tuition fees, family borrowing and career earnings.”
Money evaluated data from 750 schools and placed DePauw at No. 89, among Ivy League and top research universities.
“Our rankings this year put more weight on affordability factors, including our net price of a degree calculation and new data to capture typical costs for students at different income levels, and they continue to feature a variety of salary measures,” Money said. “… The result is a mix of colleges where data suggest students are likely to graduate with affordable debt levels and go on to earn livable wages.”
Money said that DePauw’s estimated price of $66,700 for the 2020-21 academic year is reduced to $30,600 when students receive the average financial grants that the university awards. The magazine calculated that 97% of DePauw students receive grants, and that the average debt upon graduation is $26,000. New DePauw graduates earn $53,100 on average early in their career.