Three Long Island institutions of higher learning are among the nation’s best bangs for your educational buck, according to a popular annual ranking.
Applying 27 data points to 2,400 U.S. colleges and universities – including tuition rates, percentage of students earning grants and estimated salaries upon graduation, among others – Time Inc.’s Money Magazine came up with 711 entries for its Best Colleges for Your Money 2017 list.
The list spotlighted 77 schools from across New York State, including three on Long Island: Stony Brook University (ranked No. 54 overall), Rockville Centre’s Molloy College (No. 96) and Garden City-based Adelphi University (No. 303).
Among the noted statistics: average annual tuition (without any form of student aid) of $26,000 for SBU, $49,900 for Molloy College and $54,600 for Adelphi University, and “early career earnings” – extending roughly five years after completion of an undergraduate degree – of $50,600 for Stony Brook, $57,600 for Molloy and $46,300 for Adelphi.
Princeton University topped Money Magazine’s 2017 list (estimated annual cost without aid $65,300, early career earnings $67,600). New York’s highest-ranking school, CUNY Baruch College, finished second overall ($31,400/$51,600).
Other New York-based schools offering economic value included Columbia University (No. 21), SUNY Binghamton (No. 33), CUNY Brooklyn College (No. 43) and Barnard College (No. 52).
The 711th Best College for Your Money, according to Money Magazine: Philander Smith College of Little Rock, Ark., where tuition without student aid runs about $26,600 and graduates can expect an annual salary of roughly $36,000.