The University of Wisconsin-Eau Claire ranks in the top 10 percent of U.S. universities in terms of educational quality, affordability and alumni success, according to MONEY’s 2017 “Best Colleges for Your Money” rankings released this week.
UW-Eau Claire also is the highest-ranking public regional university from Wisconsin and Minnesota in MONEY’s list. A total of 2,400 colleges were considered for inclusion, and 711 made the Best Colleges list.
“This ranking reflects the work of our outstanding faculty and staff, whose expertise and dedicated focus on the quality of the student experience result in the high value of a UW-Eau Claire degree,” said Chancellor James Schmidt. “Bottom line, students find outstanding learning opportunities at UW-Eau Claire, both in and outside the classroom, that prepare them for lifelong success after college. And they leave here with lower-than-average debt after graduation.”
MONEY’s rankings were created by combining an institution’s scores in three categories: quality of education, affordability and outcomes. Each category score was based on five or more indicators, including the following:
- Quality of education: graduation rates, academic preparation of incoming students, percentage of accepted students who enroll in the college, student-to-faculty ratio.
- Affordability: net price of a degree, educational debt, ability to repay that debt, affordability for low-income families.
- Outcomes: median earnings of alumni as published on an institution’s federal College Scorecard, alumni earnings reported on Payscale.com, share of alumni unemployed six years after starting school, share of alumni earning at least $25,000 six years after starting school, Equality of Opportunity Project “mobility rate.”
According to MONEY’s website, its 2017 Best Colleges rankings “are the first to combine the most accurate pricing estimates available with all reliable indicators of alumni financial success, along with a unique analysis of how much ‘value’ a college adds when compared to other schools that take in similar students.”