On August 12, 2019, MONEY Magazine unveiled its list of the 744 best-value colleges and universities. For the third-consecutive year, Holy Family University was represented, ranking 273.
Holy Family University was the highest-ranked SEPCHE institution and fifth highest-ranked Philadelphia-based college.
“Every year, senior administration, faculty, and staff work tirelessly to improve the student experience, while still providing our students with the highest-quality education,” said President Sister Maureen McGarrity, CSFN. “We are more than pleased to be considered a ‘best value college’ by MONEY Magazine for the third-consecutive year. We’re looking forward to welcoming our students back to campus shortly and continuing to educate some of the best-and-brightest individuals in the area.”
To be considered by MONEY, colleges and universities must have at least 500 students, reliable data that could be analyzed, not be in financial distress, and a graduation rate that was at or above the median for the institutional category.
Colleges could also be considered if they had a high “value-added” graduation rate instead of their median rate.
“Many education experts and college officials point out that the basic graduation rate number, while useful, is an insufficient indicator of a college’s value because research shows that wealthier students and students who got good grades in high school are more likely to graduate on time no matter what college they attend…” read MONEY’s methodology report. “For that reason, we also calculated each school’s relative performance after accounting for the economic background and academic preparation of its students. The higher a school’s graduation rate was above the rate that would be predicted for a school with that particular mix of students, the more value that particular college is assumed to have added.”
After an initial analysis, 744 schools qualified for the rankings. They were then ranked on 26 different items in three main categories: quality of education, affordability, and outcomes.