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Forbes magazine says AU among top 10 percent in the U.S.
8/04/11

Forbes magazine has ranked Alfred University as being among the best schools in the nation in its annual guide, released Thursday.

Alfred University is ranked 318 overall among the 650 schools nationwide, placing it in the top 10 percent of all four-year colleges and universities in the nation. It is ranked 259 among all private colleges, and 103 in the Northeast.

The rankings of 650 schools - the top 20% of all undergraduate institutions - are prepared for Forbes by the Center for College Affordability and Productivity (CCAP), a Washington D.C. think tank.

"It is gratifying to know that others recognize that Alfred University offers an excellent education for the amount students pay," said AU President Charles M. Edmondson.

Earlier this week, the University was included in The Princeton Review’s listing of the top 376 colleges and universities, and last week, it was ranked by the Fiske Guide to Colleges as one of the 49 "best buys," based on academic quality and price, in the country.

"Our annual ranking of the 650 best undergraduate institutions focuses on the things that matter the most to students: quality of teaching, great career prospects, graduation rates and low levels of debt," said Forbes writer Michael Noer. "Unlike other lists, we pointedly ignore ephemeral measures such as school ‘reputation,’ and ill-conceived metrics that reward wasteful spending. We try and evaluate the college purchase as a consumer would: Is it worth spending as much as a quarter of a million dollars for this degree?"

The Center for College Affordability and Productivity says it ranks colleges using five general categories, including:

• Student satisfaction, which looks at student evaluations from RateMyProfessor.com; actual freshman-to-sophomore retention rates and predicted versus actual freshman-to-sophomore retention rates.

• Post-graduate success, measured by the listing of alumni in Who’s Who in America; salaries of alumni as reported by Payscale.com, and alumni on the Forbes/CCAP corporate officers list.

• Student debt: the average federal student loan debt, the student loan default rates, and the predicted vs. actual percent of students taking federal loans.

• Four-year graduation rate: actual four-year graduation rate compared to predicted four-year graduation rate.

• Competitive awards: the number of students who received nationally competitive awards, e.g., Fulbright Awards or Rhodes Scholarships.