Monroe Named One of the 30 Most Affordable Private Colleges in the Country
We are delighted to announce that Monroe College has been recognized once again for its affordability, an especially important consideration for today’s students and their families given ever-rising college tuition costs across the country.
The accolades came this time from Newsweek, which included Monroe on its list of the “30 Most Affordable Private Colleges in the U.S.” We were ranked 21st.
They are not the first news outlet to acknowledge our efforts to keep a quality, private college education within reach of local families. U.S. News & World Report has also recognized Monroe for affordability and value, as well as for our clear impact on graduates’ social mobility.
Monroe’s inclusion on the Newsweek list is not simply the outcome of our generous institutional aid budget and reasonable tuition and fees. It is also a reflection of the vision and leadership of Marc Jerome, our president.
Since his elevation in January 2017, President Jerome has worked hard to lead the College forward as a national leader in educating first generation students. His vision for increasing college access, affordability, and attainment, especially for local New York students, has resulted in a number of pioneering programs, including one that has enabled more than 2,000 local students – including many Dreamers – to earn a private college education with no student debt.
The most recent Newsweek’s rankings were compiled by College Raptor, an online college planning site for students and their families. Monroe is among those profiled on their site.
The methodology behind the rankings is explained in the article:
“The analysis is based on the U.S. Department of Education's IPEDS data center up to the most recent reporting year (2019-2020). Researchers used the average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded.”
We appreciate the recognition, Newsweek!