U.S. News launched its “Best Colleges” report on Monday, a much-anticipated annual listing that ranks undergraduate schools within the U.S., in addition to some particular packages, equivalent to enterprise and finance research.
And, for the primary time, the listing for 2024 additionally ranks undergraduate economics diploma packages. So which college has one of the best undergrad packages for budding economists? There’s really a seven-way tie for the highest spot.
These are the highest undergraduate economics packages within the nation, in line with the U.S. News “Best College” rankings:
| School | Economics program rank | Tuition |
| Harvard University | 1 (tie) | $59,076 |
| Massachusetts Institute of Technology | 1 (tie) | $60,156 |
| Princeton University | 1 (tie) | $59,710 |
| Stanford University | 1 (tie) | $62,484 |
| University of California, Berkeley | 1 (tie) | $48,465 |
| University of Chicago | 1 (tie) | $65,619 |
| Yale University | 1 (tie) | $64,700 |
| Columbia University | 8 (tie) | $65,524 |
| University of Pennsylvania | 8 (tie) | $66,104 |
| Northwestern University | 10 | $65,997 |
Harvard University, the Massachusetts Institute of Technology (MIT), Princeton University, Stanford University, the University of California at Berkeley, the University of Chicago and Yale University all tied for the highest spot. And half of the schools within the high 10 are Ivy League establishments.
See additionally: These enterprise majors have the very best ‘return on investment’ — with faculty graduates incomes as much as $165,000 a 12 months
The news organizations’s methodology for its rankings takes under consideration components together with commencement charges, first-year retention charges, the earnings of current graduates in comparison with a current highschool grad, standardized take a look at scores and school ratio, amongst many different measures. U.S. News says it makes use of information that’s oftentimes reported straight from schools to calculate its rankings.
As for different finance-related programs of research, the report additionally highlights undergraduate enterprise packages and finance packages. And you’ll see loads of overlap between these high picks, and the colleges with probably the most lauded economics packages.
Here are the highest undergraduate enterprise packages, in line with the U.S. News rankings:
| School | Business program rank | Tuition |
| University of Pennsylvania | 1 | $66,104 |
| Massachusetts Institute of Technology | 2 | $60,156 |
| University of California, Berkeley | 3 | $48,465 |
| University of Michigan | 4 | $57,273 |
| New York University | 5 | $60,438 |
| University of Texas at Austin | 6 | $41,070 |
| Carnegie Mellon University | 7 | $63,829 |
| Cornell University | 8 | $66,014 |
| Indiana University | 9 | $40,482 |
| University of North Carolina at Chapel Hill | 10 | $39,338 |
What’s extra, many of those high undergraduate enterprise packages had been additionally featured excessive on the general faculty rating listing, together with MIT (No. 2), the University of Pennsylvania (No. 6) and Cornell (tied for twelfth place).
Read extra: Colleges pitch tuition fee plans as a substitute for loans, however they may include excessive charges, watchdog warns
Some notable undergraduate alumni from these schools who’ve made waves within the enterprise trade embrace: former President Donald Trump, who went to the University of Pennsylvania; Apple
AAPL,
co-founder Steve Wozniak, who went to UC Berkeley; and Google
GOOG,
co-founder Larry Page, who attended the University of Michigan.
U.S. News additionally showcased faculties which have the greatest finance packages on the undergraduate degree. They are:
| School | Finance program rank | Tuition |
| University of Pennsylvania | 1 | $66,104 |
| New York University | 2 | $60,438 |
| University of Michigan | 3 | $57,273 |
| University of Texas at Austin | 4 | $41,070 |
| Massachusetts Institute of Technology | 5 | $60,156 |
| University of California, Berkeley | 6 | $48,465 |
| Boston College | 7 | $67,680 |
| University of North Carolina at Chapel Hill | 8 | $39,338 |
| Carnegie Mellon University | 9 | $63,829 |
| Indiana University | 10 | $40,482 |
To make certain, faculty rankings from U.S. News have grow to be a hot-button matter within the schooling trade in recent times. Some faculties, together with Columbia University, stopped sharing undergraduate information with U.S. News.
Also see: The U.S. News faculty rankings for 2024 are out. Why does anybody care?
Any college that claims it gained’t take part within the rankings doesn’t essentially take away it from future U.S. News rankings, nevertheless. Columbia University was twelfth within the total faculty rankings this 12 months, for instance, whereas not sharing its information.
And dozens of medical and legislation faculties pulled out of the rankings in recent times, together with Yale and Harvard.
In response to some criticism over its rankings, U.S. News up to date its methodology this 12 months to incorporate gadgets equivalent to first era commencement charges and first era commencement fee efficiency. The rankings dropped acceptance fee as a metric a couple of years in the past.
U.S. News didn’t instantly reply to MarketWatch’s request for remark.
The faculty rankings come as hundreds of thousands of U.S. scholar mortgage debtors are making ready to renew funds after a multi-year pause. Borrowers with federally managed scholar loans will doubtless have payments due someday in October — curiosity already started accruing on Sept. 1.
Source web site: www.marketwatch.com
