‘Best Colleges for Your Money’
Ohio Wesleyan Moves Up in Money Magazine’s New Rankings
DELAWARE, Ohio – Staffers at Money Magazine analyzed 27 data points from 2,400 U.S. colleges to identify the nation’s 711 “Best Colleges for Your Money.”
Ohio Wesleyan University landed in the magazine’s Top 500 U.S. and Top 16 Ohio schools in the new rankings, released this week.
Overall, Ohio Wesleyan jumped 112 points nationally, coming in at 488 using Money’s ranking formula of “educational quality, affordability, and alumni success.”
“This statistical technique … avoids simply rewarding schools for taking in students who'd likely succeed anywhere,” according to the magazine. “And this year we gave weight to new data developed by Stanford economist Raj Chetty that shows how many low-income students schools propelled into the upper middle class over the past 20 years – pointing to colleges that help students achieve the American dream.”
Susan Dileno, Ohio Wesleyan’s vice president for enrollment, said the university is pleased to be recognized by Money as one of the nation’s best colleges.
“Educational quality, affordability, and alumni success – Money’s ranking criteria – are important for families,” Dileno said. “College is a substantial investment, and Ohio Wesleyan is committed to helping prospective students find the right school and then make the most of their college experiences to help ensure their success and satisfaction as OWU graduates.
“For families just beginning the college search,” Dileno continued, “it’s important to visit schools of interest and ask questions. We think part of what makes Ohio Wesleyan a ‘Best College for Your Money’ is that about 97 percent of our students receive merit-based and/or need-based financial aid. The average aid package for our first-year students last year was more than $37,000. We are committed to making an OWU education accessible and invaluable.”
Learn more about enrolling at Ohio Wesleyan at www.owu.edu/admission.
Founded in 1842, Ohio Wesleyan University is one of the nation’s premier liberal arts universities. Located in Delaware, Ohio, the private university offers nearly 90 undergraduate majors and competes in 23 NCAA Division III varsity sports. Through Ohio Wesleyan’s signature OWU Connection program, students integrate knowledge across disciplines, build a diverse and global perspective, and apply their knowledge in real-world settings. Ohio Wesleyan is featured in the book “Colleges That Change Lives,” listed on the latest President’s Higher Education Community Service Honor Roll with Distinction, and included in the U.S. News & World Report and Princeton Review “best colleges” lists. Learn more at www.owu.edu.