New List Complements Money's Long-Running
Franchise and Analyzes Quality, Affordability and Future Earning
Potential
SAN
JUAN, Puerto Rico, Aug. 8, 2024
/PRNewswire/ -- Personal finance digital
platform Money announced the release of its
first-ever Best Online Colleges list today, focusing on
online bachelor's degree programs. This new list complements
Money's Best Colleges franchise and includes an
analysis of more than 400 accredited universities. The
final list features 86 schools that provide applicants the best
value for their money.
As with Money's Best Colleges, the editorial team analyzed
schools and gave them a star rating instead of a numerical ranking,
giving users a more useful and nuanced research experience. This
rating system is based on the philosophy that there is not one,
singular best college for every student. Instead, there's a variety
of outstanding, high-value colleges across the country.
"With so many excellent universities offering an online degree
program, it's logical that Money expands its flagship Best Colleges
franchise into this space," said Mike
Ayers, executive editor of Money. "Readers will get a sense
of what the ROI is with an online degree program and be able to
make the most informed decision about their future prospects."
For the Best Online Colleges, Money teamed up with College
Factual to create a robust, one-of-a-kind methodology. We
started our analysis with a list of all schools in
the United States offering an
undergraduate bachelor's degree program as reported in the federal
government's Integrated Postsecondary Education Data System
(IPEDS).
From there, we filtered the list to include only the
following:
- Must be a public or private, not-for-profit school (for-profit
schools excluded).
- Must be a regionally accredited school.
- Must enroll at least 500 exclusively online students in their
undergraduate programs.
- Must offer at least 20% of their programs at least partially
online.
- Must have sufficient, reliable data to generate a score in key
factors.
Money and College Factual scored colleges' quality and
affordability to create a value-focused list. The quality data
points take into account graduation rates, the robustness of a
college's online offerings, typical student borrowing, employment
rates and average earnings. Affordability includes costs per credit
hour and net price of attendance.
For Money's complete list of the Best Online Colleges go here.
For the complete methodology, click here.
Money Best Colleges editor Kaitlin
Mulhere and College Factual's Josh McWilliam are both available for
interviews.
ABOUT MONEY:
Money has a 50-plus-year legacy of guiding people to
financial victories with up-to-date information, education, and
tools. Money, a digital destination, helps create richer lives for
everyone—in every sense of the word. Signature franchises include a
bevy of Best-In categories such as Best Places to Live, Best
Crypto Exchanges, Best Mortgage Lenders, Best Life
Insurance, Best Auto Insurance, Best VA Loans, Best Homeowner
Insurance, Best High-Yield Savings Accounts, Best Credit Cards,
Best Colleges, Best Student Loans, and Best Student Loan Refinance
Companies, with an aim to improve your finances and promote your
well-being. For more information, visit Money.com.
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SOURCE Money