BABSON RANKED AMONG THE PRINCETON REVIEW® 2018 “COLLEGES THAT PAY YOU BACK”
The Princeton Review® 2018 edition of Colleges That Pay You Back: The 200 Schools That Give You the Best Bang for Your Tuition Buck ranks Babson College among theTop 50 colleges in the United States for return on investment (ROI).
Babson also places No.6 in the Best Career Placementcategory, based on student ratings of career services at their school, as well as on PayScale.com’s salary information for alumni.
"Babson is thrilled to be recognized by the Princeton Review for our excellence in return on investment and career placement for our undergraduate students," says Dean Ian Lapp. "Here at Babson we believe setting our students up to be successful entrepreneurial leaders will have the greatest economic and social impact, and leave the Babson footprint on all industries."
Babson is ranked No.43 in the ROI rating for each school that includes PayScale.com data collected through April 2017 from alumni surveys covering starting and mid-career salaries, and career social impact, as well as academic rating, financial aid rating and college costs.
This annual guidebook is the education services company’s resource for college-bound students and their parents shopping for affordable, academically outstanding colleges that graduate their students to successful, rewarding careers.
The Princeton Review chose the 200 schools for this edition based on a comprehensive analysis of data from its surveys of administrators at more than 650 colleges in 2016-17. Survey topics broadly covered academics, cost, financial aid, career services, graduation rates, student debt, and alumni support.
The company also factored in data from PayScale.com surveys of alumni of the schools about their starting and mid-career salaries and job satisfaction. In all, more than 40+ data points were crunched to select the 200 schools for the book and tally its seven ranking lists.
“Only seven percent of the nation’s four-year colleges made it into this book,” noted Robert Franek, its lead author and The Princeton Review’s Editor-in-Chief. “These schools were bona fide standouts for the return they deliver on one’s college investment. They offer stellar academics, generous aid awards to students with need and/or merit, and provide all of their undergrads with career services from day one plus a lifetime of alumni connections,” he said.
A Leader In Affordability
Babson is a demonstrated leader in education return on investment (ROI). The College was recently ranked the No. 1 private business school for salary potential by PayScale for the third consecutive year. PayScale also ranked Babson the No. 1 private business school for ROI earlier in the year.
Babson also continues to innovate around college affordability, having recently announced an opportunity for students to pursue an accelerated path to an undergraduate degree that would enable them to graduate in as little as three years. This option could increase return on investment for students, reduce tuition by up to 25 percent, and has a potential immediate financial benefit of up to $105,931.
About The Princeton Review
The Princeton Review is a leading tutoring, test prep, and college admission services company. Every year, it helps millions of college- and graduate school-bound students achieve their education and career goals through online and in person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and its more than 150 print and digital books published by Penguin Random House. Its Tutor.com brand is the largest online tutoring service in the U.S. It comprises a community of more than 3,000 tutors who have delivered more than 15 million one-to-one tutoring sessions. The Princeton Review is headquartered in New York, NY. The Princeton Review is not affiliated with Princeton University.
About Babson College
Babson College is the educator, convener, and thought leader of Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought & Action® as the most positive force on the planet for generating sustainable economic and social value.