NEW YORK – If you’re getting ready to attend college in New York and can’t decide which one to choose, a new study could help you. WalletHub released a new report outlining the top colleges and universities and New York today.
As the deadline for the first “early decision” college applications approaches on November 1, students and parents are grappling with the reality of sky-high tuition costs. Today, WalletHub, a personal-finance website, released its 2024’s Best College & University Rankings report to assist in this major life decision. The comprehensive report not only ranks institutions but also includes expert commentary and metrics to evaluate their performance.
In today’s intensely competitive job market, a college degree has increasingly become a prerequisite. “In a fierce global economy, a college degree can help secure employment and keep you ahead of the competition,” WalletHub stated. While individual efforts undoubtedly play a role in a student’s success, the quality of the educational institution they select is also a significant factor. However, with the average cost of tuition and room and board at a four-year college ranging between $27,940 and $57,570 annually, the financial aspect cannot be ignored.
To provide a balanced viewpoint, WalletHub analyzed more than 800 higher-education institutions in the United States. The study focused on 30 key metrics across seven categories, including Student Selectivity, Cost & Financing, and Career Outcomes. Some of these measures range from student-faculty ratios and graduation rates to post-attendance median salaries.
“To determine the top-performing schools at the lowest possible costs to undergraduates, WalletHub compared more than 800 higher-education institutions in the U.S. across 30 key measures,” WalletHub’s report revealed.
Top 10 Colleges & Universities in New York
| 1. Columbia University in the City of New York | 6. New York University |
| 2. Hamilton College | 7. Cooper Union for the Advancement of Science and Art |
| 3. Cornell University | 8. Colgate University |
| 4. Vassar College | 9. University of Rochester |
| 5. Barnard College | 10. Binghamton University |
The report aims to help prospective students make the most informed choices by offering a plethora of data. Categories such as Student Selectivity delve into the competitiveness of admissions, while Cost & Financing provides insights into the financial burden students may face. Metrics related to Career Outcomes offer an outlook on potential future earnings, thereby giving students a comprehensive understanding of what they can expect after graduation.
For those specifically looking at New York, the top 10 list is led by Columbia University, followed by Hamilton College and Cornell University. New York University, Cooper Union for the Advancement of Science and Art, and Binghamton University also made the list, offering students a range of options that meet various academic and financial needs.