Education

MIT and Harvard among the schools ‘most likely to pay you back,’ according to The Princeton Review

Proving it’s possible to both be the best and have the best value.

Stan Honda/AFP Photo

With college costs skyrocketing across the board, it’s important for any prospective student to take the Return On Investment (ROI) of each university into consideration. To help make the decision easier, The Princeton Review released their nationwide list of “Colleges That Pay You Back’’ Tuesday, and both MIT and Harvard University made the top 10.

According to a press release, The Princeton Review used over 40 data points to help determine the ranking, including data covering academics, cost, financial aid, graduation rates, and student debt.

“On so many fronts that matter to parents and students alike, these colleges are truly standouts,’’ said Robert Franek, The Princeton Review’s Senior VP/Publisher and the lead author of Colleges That Pay You Back, in the press release. “They offer outstanding academics and generous financial aid to students with need and/or charge a relatively low cost of attendance. Some, phenomenally, do both.’’

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Here’s the full top 10, with New England colleges in bold:

1. California Institute of Technology (Pasadena, CA)

2. Princeton University (Princeton, NJ)

3. The Cooper Union for the Advancement of Science and Art (New York, NY)

4. Harvey Mudd College (Claremont, CA)

5. Massachusetts Institute of Technology (Cambridge, MA)

6. Stanford University (Stanford, CA)

7. Yale University (New Haven, CT)

8. University of California (Berkeley, CA)

9. Rice University (Houston, TX)

10. Harvard College (Cambridge, MA)

And here are New England schools that finished outside the top 10 but inside the top 50.

11. Brown University (Providence, RI)

16. Amherst College (Amherst, MA)

18. Dartmouth College (Hanover, NH)

26. Williams College (Williamstown, MA)

29. Tufts University (Somerville, MA)

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32. Babson College (Babson Park, MA)

33. Worcester Polytechnic Institute (Worcester, MA)

38. Bowdoin College (Brunswick, ME)

41. Middlebury College (Middlebury, VT)

48. Wesleyan University (Middletown, CT)

Along with its “Pay You Back’’ list, The Princeton Review published several other companion lists Tuesday featuring New England schools. Dartmouth and Wellesley placed first and ninth, respectively, on the “Best Alumni Network’’ list; Northeastern, The Franklin W. Olin College of Engineering, Dartmouth, and Amherst all placed in the top 10 for “Top Internship Opportunities’’; and MIT, Babson, and Worcester Polytechnic Institute finished second, eighth, and tenth, respectively, for “Best Career Placement.’’

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