Albertus Magnus College Once Again Makes Money’s Best Colleges in America List
Named a “Best for Your Investment” School
New Haven, Conn., May 26, 2022 – Albertus Magnus College has been named one of Money’s 2022 Best Colleges in America, ranked by value. This is the second time Albertus has achieved this national accolade under the leadership of President Marc M. Camille, Ed.D.
As announced on money.com/bestcolleges, Money looked at more than 2,400 four-year institutions of higher education and then ranked the top 623 schools on 24 factors across three categories: educational quality, affordability, and outcomes. Albertus stood out for its exceptionally high value-added graduation rates; it is one of only 11 schools in Connecticut to earn this national ranking.
“We are grateful for Money’s continued recognition of the value of an Albertus Magnus College education. We are committed to ensuring our graduates are workforce ready and we achieve this through a consistent pursuit of excellence,” said Andrea Kovacs, vice president for Enrollment Management and Marketing. “Albertus faculty and staff go above and beyond to provide an exceptional educational experience for every student. Earlier in the academic year, Albertus was also identified as a top national college by US News, and the Wall Street Journal/Times Higher Education. Since its founding in 1925, Albertus Magnus College has been dedicated to making a values and liberal arts-based education available to students who might not otherwise have access, and to successfully prepare graduates for a lifetime of career success and civic engagement.”
According to Money’s Executive Editor Mike Ayers, “This year’s Best College’s List is a new take on our long-standing commitment to helping families make a smart college choice.”
This announcement supports an earlier finding regarding the value of an Albertus degree. The Georgetown’s Center on Education and the Workforce (CEW) recently revealed a new Return on Investment (ROI) study. Here, Albertus ranked in the top 15-percent of nearly 3,400 schools when weighting ROI to reflect key factors supporting Pell-eligible students – defined as those whose family income is $30,000 or less.
In the new report, CEW examined career earnings specifically for this group. According to the National Center for Education Statistics, Pell-eligible students make up for than one third of all college students. Yet, this grouping have a lower ROI than other degree achievers. The analysis showed that over a 40-year timespan, and putting a spotlight on the number of low-income students served, Albertus edged out competing schools and ranked only behind Yale, Wesleyan, and Trinity in Connecticut among private bachelor-degree granting institutions.The Money ranking also underscores the value of an Albertus education as indicated earlier this year in the annual Destination Survey. Not only in the short term do 97-percent of Albertus bachelor’s degree recipients attain jobs or go on to further their education within six months of graduation, but the long-term success rate translates into a higher median salary and a deeply-rooted sense of community.
About Albertus Magnus College
About Albertus Magnus College: Albertus Magnus College, founded in 1925, is a Catholic College in the Dominican tradition. It is recognized by external rankings such as US News & World Report Best Colleges, Money Magazine, and the Wall Street Journal/Times Higher Education. The College has an enrollment of 1,500 students in its traditional undergraduate program, accelerated adult degree programs, and 12 graduate programs, including a new Master of Public Administration and the only Master of Arts in Art Therapy and Counseling program in Connecticut. In the last year, the College received two significant Federal grants in support of student success and well-being: a $300,000 grant from the Department of Justice and a $1.9 million Title III grant from the Department of Education.