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Forbes ranks MU #164 on best value list

The University of Missouri's Columbia campus was ranked #164 on the list of best value schools by Forbes Magazine.

The University of Missouri's Columbia campus was among four Missouri colleges ranked in Forbes Magazine's list of "Best Value Colleges." The magazine hit the stands Tuesday.

Mizzou was ranked #164 on the list, which uses criteria including net price, net debt, alumni earnings, timely graduation, school quality and access for low-income students.

Also on the list were Truman State University at #192, Missouri University of Science and Technology at #110, and Washington University at #79. Mizzou already ranked #63 in public college quality, according to the magazine's editors.

May 1 is the application deadline at most colleges.

Forbes stresses that cost is not the only criteria. For instance, one year of tuition at Washington University in St. Louis (#79) is more than $48,000, while tuition at MU is a comparatively small $9,500.

For the 14% of students who pay the full four-year sticker price at private schools, will the benefit of a diploma be worth the cost, which approaches $300,000 at the nation’s most expensive institutions? Students weighing loans, grants and merit aid packages are facing more complicated math. Seventy-seven percent of those attending four-year public schools got some form of financial aid in 2015-16 as did 86% who attended private ones, according to a National Center for Education Statistics report.

Seventy-seven percent of those attending four-year public schools got some form of financial aid in 2015-16 as did 86% who attended private ones, according to a National Center for Education Statistics report. Forbes places the number of students receiving Pell Grants on the list of criteria because it feels that schools that create opportunities for underprivileged students are the most valuable.

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