A prominent financial advice magazine has cited Louisiana Tech University as Louisiana’s best value among its fellow higher education institutions.
Kiplinger, the nation’s most recognized publisher of business forecasts and personal finance advice, ranked Louisiana Tech first among Louisiana’s public colleges and universities in the magazine’s Best College Values 2018 report. This is the third year in a row that Kiplinger ranked the University first in the state.
Among public colleges in the United States, Louisiana Tech ranked No. 65 for in-state students and no. 52 for out-of-state students in the ranking. Tech is the only mid-size public university to be named a Kiplinger Best Value in the south-central region.
Two of Louisiana’s public universities made the Kiplinger list of 300 Best College Values for 2018. Louisiana Tech ranked at 189 in the nation and LSU at 270 when compared with public and private institutions on measures of academic quality and affordability.
“Louisiana Tech has built a national reputation for providing our students with a high quality education and college experience at an excellent value,” said Louisiana Tech President Les Guice. “The faculty and staff of Louisiana Tech have earned this and many more national accolades. Our University will continue to offer students the best academic and most innovative programs while ensuring the return on families’ educational investment is strong.”
The full rankings are available online now. The magazine uses data on nearly 1,200 public and private four-year schools provided by Peterson’s and narrows the list based on measures of academic quality. Editors then rank each school using cost and financial aid measures. Quality criteria account for 55 percent of total points, and cost criteria account for 45 percent.
Louisiana Tech was recently ranked first in the state for student value by BestValueSchools.com and second in the state on level of student loan debt by The Student Loan Report.
The University enrolled a record 12,873 students for Fall Quarter. And for the seventh consecutive year, in the mid-September release of U.S. News & World Report’s 2018 Best Colleges list, Tech was listed in the report’s highest tier of “National Universities.” Louisiana Tech is one of only two public institutions in the state to achieve the ranking.