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Kiplinger’s ranks Binghamton #1 best value for out-of-state students

First for out-of-state students, Binghamton University placed seventh overall in Kiplinger’s 100, and is also one of the best values for New York residents.

The Kiplinger’s 100 are selected from a pool of over 500 public four-year colleges and universities and ranked according to academic quality, cost and financial aid, using a rigorous quantitative system. Kiplinger’s notes that all of the schools combine a first-class education with outstanding economic value.

According to the Kiplinger's rankings, Binghamton University is one the best values for both in-state and out-of-state students, ranked first when considering the best value for out-of-state students and seventh in the nation when considering in-state tuition only. The University of North Carolina at Chapel Hill leads the list, which also includes the College of William and Mary and the University of Virginia in the top 10.

Private colleges have recently averaged about $33,000 a year — a sharp contrast to the public institutions on Kiplinger’s top 100 most of which cost less than $20,000 a year for in-state students. At Binghamton University, non–New Yorkers pay $22,260, only about one-third more than in-state students.

“With the economic turmoil of 2008, families of all income levels are feeling the financial pinch,” said Fred Frailey, editor of Kiplinger’s. “But schools like these prove that an excellent education is still available at an affordable price.”

The Kiplinger’s list appears in the magazine’s December issue and at http://www.kiplinger.com/money/collegevalues/. View the rankings by state or by cost, quality or financial-aid measures at www.kiplinger.com/tools/colleges.

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Last Updated: 5/8/09