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REPORT: Purdue, Notre Dame among best colleges for your money

Posted at 3:21 PM, Jul 12, 2017
and last updated 2017-07-12 15:21:53-04

WEST LAFAYETTE, Ind. -- Purdue and Notre Dame have been named two of the best universities in the United States for your money.

College can be a great investment if you choose the right school, Money Magazine looked at 2,400 colleges and ranked them based on 27 key data points to come up with the 711 Best Colleges For Your Money.

The report ranks Purdue University 37th best with an estimated tuition of $24,300 without financial aide and $12,600 for students who get an average grant. Students who graduate from Purdue make an estimated $57,800 during the first few years of their career. 

Notre Dame University wasn't far behind ranking 40th best value. Notre Dame's average tuition is $69,200 for students without financial aide and $28,800 for those receiving the average grants. Students who graduate from Notre Dame will earn an average of $60,800 during the first few years of their career. 

Indiana University also made the list, coming in at 117th on the list. With an average tuition of $33,000 and $23,800 with financial aide, graduates can expect to earn around $48,700 during the early years of their career. 

Which university ranked number one? That would be Princeton University, with an estimated tuition of $65,300 and $19,300 with financial aide. After graduation, students generally earn $67,600 in the early years of their career. 

Check out the information below to learn more about Money Magazine's methodology when compiling their list of best-valued colleges. 

College is now the second-largest financial expenditure for many families, exceeded only by the purchase of a home. So it isn’t surprising that parents and students are taking a hard look at the costs and payoffs of any college they consider.

To help families do that, MONEY has drawn on the research and advice of dozens of the nation’s top experts on education quality, financing, and value to develop a new, uniquely practical analysis of more than 700 of the nation’s best-performing colleges.

College is now the second-largest financial expenditure for many families, exceeded only by the purchase of a home. So it isn’t surprising that parents and students are taking a hard look at the costs and payoffs of any college they consider.

To help families do that, MONEY has drawn on the research and advice of dozens of the nation’s top experts on education quality, financing, and value to develop a new, uniquely practical analysis of more than 700 of the nation’s best-performing colleges.

For a more detailed description of the methodology, click here.