{"id":5413,"date":"2023-09-19T16:02:00","date_gmt":"2023-09-19T16:02:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?p=5413"},"modified":"2024-07-15T16:05:45","modified_gmt":"2024-07-15T16:05:45","slug":"purdue-university-named-no-6-best-value-among-public-universities-in-the-u-s-no-15-overall-by-smartasset","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2023\/Q3\/purdue-university-named-no-6-best-value-among-public-universities-in-the-u-s-no-15-overall-by-smartasset","title":{"rendered":"Purdue University named No. 6 Best Value among public universities in the U.S., No. 15 overall by SmartAsset"},"content":{"rendered":"<div class=\"purdue-initial-words-wrap\"><p class=\"purdue-initial-words wp-block-paragraph\">WEST LAFAYETTE, Ind. &mdash;<\/p> \n<p>Purdue University has been named the Best Value university in Indiana and one of the best in the nation in the latest ranking by SmartAsset, an online financial advisor and financial services portal. This latest national accolade recognizes Purdue\u2019s ongoing commitment to the vision of higher education at the highest proven value.<\/p>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">SmartAsset determined the colleges and universities that provide the best value to students in its annual rankings, which were released earlier this month. Besides being the top value in the state of Indiana, Purdue also ranked No. 2 in the Big Ten, No. 6 among public universities in the U.S. and No. 15 among all institutions nationwide. SmartAsset\u2019s methodology for determining best value was based on a variety of financial factors and data sets including starting salary, tuition, student living expenses, student retention rate and scholarships awarded.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHaving just celebrated yet another record-breaking year for undergraduate applications and enrollment, we strive to achieve excellence at scale by including as many as possible at Purdue,\u201d said Purdue President Mung Chiang. \u201cThe choice to freeze tuition through the 2024-25 school year underlines Purdue\u2019s commitment to providing an educational value that is second to none nationwide, so we take extreme pride in this recognition.\u201d<\/p>\n\n\n\n    <div  class=\"purdue-home-quick-links-static \">\n        <div class=\"tagged-header-container\">\n\n            <h2 class=\"tagged-header\"><span>Additional Information<\/span><\/h2>\n        \n        <\/div>\n\n       <ul class=\"quick-links-content\">\n                                        <li class=\"quick-link__item\">\n                                                                <a class=\"quick-link__link\"\n                                    href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q3\/purdue-university-undergraduate-national-ranking-jumps-8-spots-with-13-undergraduate-programs-in-top-10-in-the-us.html\" target=\"_blank\">\n                                    Purdue University earns \u2018Most Innovative\u2019 recognition again in U.S. News &amp; World Report rankings                                <\/a>\n                            <\/li>\n                                                <li class=\"quick-link__item\">\n                                                                <a class=\"quick-link__link\"\n                                    href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q3\/purdue-university-ascends-to-the-top-10-of-the-global-university-visibility-rankings.html#:~:text=Ranked%20as%20one%20of%20the,in%20the%20annual%20GUV%20rankings\" target=\"_blank\">\n                                    Purdue University ascends to the top 10 of the Global University Visibility rankings                                <\/a>\n                            <\/li>\n                                                <li class=\"quick-link__item\">\n                                                                <a class=\"quick-link__link\"\n                                    href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q2\/purdue-scores-top-10-among-u.s-public-universities-in-qs-world-rankings.html\" target=\"_blank\">\n                                    Purdue in scores top 10 among U.S. public universities in QS world rankings                                  <\/a>\n                            <\/li>\n                            <\/ul>\n\n<\/div>\n\n\n\n\n<p class=\"wp-block-paragraph\">The SmartAsset rankings gave Purdue an overall College Education Value score of 86.80 out of 100, which included high marks for student retention rate (91% \u2014 national average was 70%) and starting salary ($66,500 \u2014 national average was $53,663). That overall score placed Purdue\u2019s value ahead of the University of California, Berkeley; Harvard University; the University of Texas at Austin; and UCLA, among others. The formula uniquely ranked universities state by state as well, placing Purdue No. 1 in the state of Indiana over the University of Notre Dame (75.14), Wabash College (74.58) and Rose-Hulman Institute of Technology (72.83).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the core pillar of excellence at scale in mind, Purdue University&#8217;s Board of Trustees voted in June to again freeze tuition, this time for the 11th and 12th consecutive years. By 2024-25, 10 Purdue graduating classes will have never experienced a tuition increase during their time in West Lafayette. Meanwhile, more students than ever are seeking a Purdue degree, as 72,600 applied for undergraduate admission for the fall 2023 semester, and more employers than ever are seeking out Purdue graduates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SmartAsset\u2019s Best Value ranking comes on the heels of Purdue\u2019s best-ever showing of No. 43 overall (No. 17 among public universities) in U.S. News &amp; World Report\u2019s 2024 Best College rankings, along with several other recent prominent accolades:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Purdue scored\u00a0<a href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q2\/purdue-scores-top-10-among-u.s-public-universities-in-qs-world-rankings.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>a top 10 placement among U.S. public universities<\/strong><\/a>\u00a0and ranked No. 27 among all U.S. universities in the QS (Quacquarelli Symonds) World University rankings in June, which includes both undergraduate and graduate\/research components.<\/li>\n\n\n\n<li>In July, Purdue\u00a0<a href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q3\/purdue-university-ascends-to-the-top-10-of-the-global-university-visibility-rankings.html#:~:text=Ranked%20as%20one%20of%20the,in%20the%20annual%20GUV%20rankings\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>was ranked the No. 3 most recognized public university in the U.S. and No. 10 worldwide<\/strong><\/a>\u00a0in the Global University Visibility rankings.<\/li>\n\n\n\n<li>Purdue was also named one\u00a0of the World\u2019s Most Innovative Companies \u2014 coming in at No. 16 overall and No. 1 in education \u2014 and the only university among\u00a0<a href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2023\/Q1\/purdue-university-named-no.-16-among-worlds-most-innovative-companies,-no.-1-in-education.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Fast Company magazine\u2019s Top 50 Most Innovative Companies<\/strong><\/a>.<\/li>\n\n\n\n<li>Another best value recognition came from\u00a0<a href=\"https:\/\/www.purdue.edu\/newsroom\/releases\/2021\/Q3\/purdue-again-among-nations-best-in-the-wall-street-journaltimes-higher-ed-ranking.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>the Wall Street Journal\/Times Higher Education rankings, which placed Purdue at No. 7 in the Best Value<\/strong><\/a>\u00a0category\u00a0\u2014\u00a0tops in the Big Ten\u00a0\u2014\u00a0in 2021.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">About Purdue University\u00a0<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Purdue University is a public research institution with excellence at scale. Ranked among top 10 public universities and with two colleges in the top 4 in the United States, Purdue discovers and disseminates knowledge with a quality and at a scale second to none. More than 105,000 students study at Purdue across modalities and locations, with 50,000 in person on the West Lafayette campus. Committed to affordability and accessibility, Purdue\u2019s main campus has frozen tuition 12 years in a row. See how Purdue never stops in the persistent pursuit of the next giant leap, including its first comprehensive urban campus in Indianapolis, the new Mitchell E. Daniels, Jr. School of Business, and Purdue Computes, at&nbsp;<a href=\"https:\/\/www.purdue.edu\/president\/strategic-initiatives\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>https:\/\/www.purdue.edu\/president\/strategic-initiatives<\/strong><\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST LAFAYETTE, Ind. &mdash; Purdue University has been named the Best Value university in Indiana and one of the best in the nation in the latest ranking by SmartAsset, an online financial advisor and financial services portal. This latest national<\/p>\n","protected":false},"author":7,"featured_media":5414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"department":[],"source":[29],"purdue_today_topic":[],"coauthors":[107],"class_list":["post-5413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","source-purdue-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/5413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/comments?post=5413"}],"version-history":[{"count":1,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/5413\/revisions"}],"predecessor-version":[{"id":5415,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/5413\/revisions\/5415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media\/5414"}],"wp:attachment":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media?parent=5413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/categories?post=5413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/tags?post=5413"},{"taxonomy":"department","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/department?post=5413"},{"taxonomy":"source","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/source?post=5413"},{"taxonomy":"purdue_today_topic","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/purdue_today_topic?post=5413"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/coauthors?post=5413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}