LEXINGTON, Ky. (WKYT) - For the second consecutive year, Berea College tops Kiplinger’s list of the country's best-value private colleges where students pay less than $20,000 a year.
In determining the ranking, Kiplinger cited Berea College’s generous financial aid and commitment to providing an education to students with limited financial resources.
The ranking notes, “The secret to Berea’s super-affordable net price is that the school awards each admitted student a full four-year tuition scholarship--full freight. Room, board, fees and books may be covered by other scholarships or through loans and savings. Berea Mountaineers shell out less than $5,000, on average, for their education, and students who borrow graduate with just $7,224 in average debt. Berea admits only students with financial need.”
Some of the other institutions joining Berea on this top-ten list include Harvard University, Yale University, Amherst College and Brigham Young University.
The list of 10 schools is drawn from Kiplinger’s larger lists of the 100 best values in private colleges and 100 best values in liberal arts colleges, where Berea is ranked 63rd nationally.
Kiplinger, founded in 1920 and based in Washington, D.C., publishes business forecasts and personal finance advice to a paid circulation of more than 850,000.