Stony Brook Jumps 20 Spots in Money Magazine’s ‘Best Colleges for Your Money’ Ranking
STONY BROOK, NY, August 13, 2018
— MONEY Magazine has released its 2018 list of “
Best Colleges For Your Money,”
and Stony Brook University ranks #34 overall this year, a 20-place increase from its 2017 ranking, and #22 among public universities, a 10-place jump from last year. Stony Brook’s rise in the rankings comes from an increase in graduation rates alongside a slower growth in tuition rates compared to other institutions.
MONEY Magazine’s rankings for the 727 eligible universities in the United States were based on the quality of education, university affordability during college and student debt payoff rates after graduation, and alumni outcomes, such as annual salary data from
PayScale.com.
The estimated total cost at Stony Brook University for the 2018-19 academic year is $26,100. About three out of five undergraduates (57 percent) receive grant or scholarship aid, and the average final cost for this group is about $14,700. Early career earnings for Stony Brook alumni average $54,300, while median Stony Brook undergraduate student debt is about $19,000.
“Improving access to higher education and minimizing student debt is mission critical at Stony Brook University,” said University President Samuel L. Stanley Jr. “We offer students an environment in which a diverse student body is encouraged to thrive and at the same time, we offer a wide array of programs to help facilitate student success. I give significant credit for this ranking to our students, our faculty and the staff in our advising and career counseling services programs, who help our students achieve their full potential.”
About Stony Brook University
Stony Brook University is going beyond the expectations of what today’s public universities can accomplish. Since its founding in 1957, this young university has grown to become a flagship as one of only four University Center campuses in the State University of New York (SUNY) system with more than 26,000 students and 2,600 faculty members, and 18 NCAA Division I athletic programs. Our faculty have earned numerous prestigious awards, including the Nobel Prize, Pulitzer Prize, Indianapolis Prize for animal conservation, Abel Prize and the inaugural Breakthrough Prize in Mathematics. The University offers students an elite education with an outstanding return on investment: U.S. News & World Report ranks Stony Brook among the top 50 public universities in the nation. Its membership in the Association of American Universities (AAU) places Stony Brook among the top 62 research institutions in North America. As part of the management team of Brookhaven National Laboratory, the University joins a prestigious group of universities that have a role in running federal R&D labs. Stony Brook University is a driving force in the region’s economy, generating nearly 60,000 jobs and an annual economic impact of more than $4.6 billion. Our state, country and world demand ambitious ideas, imaginative solutions and exceptional leadership to forge a better future for all. The students, alumni, researchers and faculty of Stony Brook University are prepared to meet this challenge.
Methodology Notes
Estimated price is the total cost of tuition, fees, room, board, books, travel, and miscellaneous expenses, inflated to reflect likely charges in the upcoming academic year. Public college prices are for in-state students. After-aid prices reflect the average price paid by students who receive any grant or scholarship. Percentage who get aid counts both need-based and merit aid. Student debt is the median for students who graduated. Early career earnings are self-reported in
PayScale.com
surveys by alumni three years after graduation. N.A.: Not available. See sidebar for full methodology. SOURCES: U.S. Department of Education, Peterson’s,
PayScale.com,
MONEY calculations. A longer explanation of this year’s methodology will be published online Aug. 13 at
money.com/bestcolleges.
