NORMAL — Money magazine rated Illinois State University among the “Top 25 colleges that add the most value” as part of its annual “Best Colleges” edition.
ISU tied for 23rd place with Washington State University of Pullman.
University leaders said the ranking confirms what they have been saying about the quality of education received at ISU.
President Larry Dietz said the ranking “is further recognition of the excellent work being done by our faculty and staff.”
Troy Johnson, associate vice president of enrollment management, said prospective students and their parents will notice that “we appear in these rankings not just once in a while but consistently.”
Last year, ISU was ranked by Washington Monthly as a school that delivers “the most bang for the buck,” he noted.
Money magazine based its rankings on factors such as graduation rates for schools with student bodies of similar socioeconomic and academic backgrounds, and how alumni earnings exceed predictions based on such factors as percentage of Pell Grant recipients, average standardized test scores and the mix of majors.
Other Illinois schools in the top 25 were the University of Illinois at Chicago, Monmouth College in Monmouth and Bradley University in Peoria.
“Illinois State's graduation rate of 71.5 percent puts it in the top 10 percent of public and private universities,” Dietz said. “Seeing that recognized by editors at Money is truly gratifying.”