Cooper in Top Ten of Money Mag's 2015 "Best Colleges"

POSTED ON: July 20, 2015

Money 2015 College Planner screenshot

The Cooper Union has been named as one the top ten Best Colleges by Money magazine. The list ranks U.S. colleges and universities by best value, based on quality of education, cost of attendance and expected income after graduation. It is the second year for the annual list and the second time The Cooper Union has been included in the top ten. The ranking methodology utilizes the average price Cooper families paid, net of tuition, last year—the first year in which Cooper’s revised financial aid policies were in effect. "Even so, CU remains one of the lowest-cost private elite colleges around, with an estimated average net price of a degree that is not that much higher than in-state students pay at many top public schools," the Money editors write.

The rankings also put substantial weight on affordability for families earning $48,000 or less, a segment that fares better under Cooper’s revised need-based aid policy and which has grown as a proportion of each of the two classes admitted since the change.

The methodology used three equally weighted categories -- quality of education, affordability and outcomes -- each determined by several factors. The data points were turned into a single score used to rank the institutions. The Washington Post lauds the Money list as unique among several such college rankings because it, "finally get[s] it right for students," noting that, "Money tries to crack the code on answering the ROI [Return on Investment] question, and of all the rankings out there, comes the closest."

  • Founded by inventor, industrialist and philanthropist Peter Cooper in 1859, The Cooper Union for the Advancement of Science and Art offers education in art, architecture and engineering, as well as courses in the humanities and social sciences.

  • “My feelings, my desires, my hopes, embrace humanity throughout the world,” Peter Cooper proclaimed in a speech in 1853. He looked forward to a time when, “knowledge shall cover the earth as waters cover the great deep.”

  • From its beginnings, Cooper Union was a unique institution, dedicated to founder Peter Cooper's proposition that education is the key not only to personal prosperity but to civic virtue and harmony.

  • Peter Cooper wanted his graduates to acquire the technical mastery and entrepreneurial skills, enrich their intellects and spark their creativity, and develop a sense of social justice that would translate into action.