Kiplinger’s Ranks Webster as a ‘Best Value’ In the United States

| December 23, 2014
Kiplinger's Ranks Webster as a 'Best Value'

In ranking Webster University as a ‘Best Value,’ Kiplinger’s analyzed stats including the annual tuition rate, average debt load of graduates, average financial aid offered to students and the academic support offered.

Kiplinger’s Personal Finance has named Webster University as one of the 100 “Best Value” private colleges in the United States, also ranking among the top 300 among all colleges and universities.

“Webster University takes seriously the need to assure access for Webster students, many of whom are the first in their family to attend college. Nearly 80 percent of all of our students receive financial aid through grants, scholarships, or other programs.” said President Elizabeth (Beth) J. Stroble. “While we have taken steps to moderate tuition expenses for our students and their families, we have also focused on strengthening students’ success in retention to graduation, increased financial literacy, and their readiness to make a difference for their families, communities, and the world.”

The Kiplinger’s Personal Finance edition of the 2015 Best Value Colleges evaluated 1,200 public and private four-year colleges and universities. Among all colleges and universities, Webster University ranked 255th in the United States. When just analyzing private non-profit universities, Webster University ranked 80th.

“Part of the challenge of keeping costs low is that real-world costs, such as salaries or keeping the lights on in the buildings, continue to rise regardless of what we do. It is a priority of ours to balance those costs against the difficulties our students have paying for their education,” said Julian Schuster, Webster University’s provost, senior vice president and chief operating officer. “The fact that we made this list and ranked fairly high shows that we are successful in managing this very difficult issue.”

The criteria of the ranking analyzed a number of core statistics for undergraduate students, including the annual tuition rate, average debt load of graduates, average financial aid packages offered to students and the amount of academic support offered.

This is not the first time Webster University has been recognized for being an affordable institution. U.S. News & World Report regularly lists Webster University as among the most “economically diverse” institutions in the Midwest. That list looks at the percentage of students who receive Pell Grants, an indicator that the institution tries to be cost-effective to students from low-income homes. Earlier this year, Money Magazine listed Webster University on its list of “Best Colleges for Your Money.”

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Category: Student Affairs and News, Webster News

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