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Nichols College ranks ninth among regional colleges in the northern United States in the category of “Best Value Colleges,” according to the 2014 survey of Best Colleges just released by U.S. News and World Report.
The magazine’s high rating of Nichols comes in comparison to other schools in the northern United States that award fewer than half their degrees in the liberal arts. The majority of Nichols graduates receive degrees in business administration.
The annual and highly regarded survey took into account the cost of tuition during the 2012-2013 academic year and the amount of financial aid awarded to students. By those measures, the average cost for a student attending Nichols came to $27,400.
Nichols also ranked first among the top 10 “Best Value Colleges” with 93 percent of the student body receiving financial aid.
The issue of college affordability has become increasingly important to college students and their parents, as well as to President Barack Obama, who issued a plan earlier this month to contain higher education costs.
“Higher education consumers are quite reasonably looking for the best college at the best price,” agrees William Boffi, Nichols associate vice president for Enrollment. “That’s what we’ve been committed to.”
Nichols also placed near the top third of its peers in the overall“ Best College” rankings, which focus on 16 areas of academic excellence, including faculty, financial resources, and assessments by administrators at other colleges.
According to Nichols Director of Admissions Paul Brower, the rankings are a testament not only to the academic programs that the College has to offer, but to the overall value of a Nichols education.
“Nichols has really evolved as an institution in a variety of ways--academically, physically, and in the way we support our families through financial aid,” Brower says. “It is fantastic to see our progress recognized by U.S. News and World Report.”
The magazine’s rating is the second such study in the past month to declare Nichols an outstanding value. The school also was named #6 nationally for ROI (expected Return on Investment over the careers of graduates) by Payscale.com.
The U.S. News and World Report rankings of Best Value Colleges is available at: http://colleges.usnews.rankingsandreviews.com/best-colleges/rankings/regional-colleges-north/best-value