"We hope students and parents use our list to discover new colleges that may be worth their attention, and perhaps more importantly, we want our analysis to encourage readers to think critically about what they're paying for college and what sort of outcomes they can expect in return," said Money's education editor, Kaitlin Mulhere.
SoFi is the premiere sponsor for this year's Best Colleges list.
With a focus on above-average graduation rates, Money scored colleges in three areas: quality, affordability and future earning potential. These data points take into account important factors like Money's unique calculation of the net price of a degree, average borrowing rates, median earnings and four "value add" calculations measuring a school's actual performance against its predicted performance based on its student body.
Money's 2024 Five-Star Best Colleges are as follows:
Amherst College
Babson College
Bentley University
Berea College
Boston College
Bowdoin College
Brown University
California Institute of Technology
California Polytechnic State University, San Luis Obispo
California State Polytechnic University, Pomona
California State University, Long Beach
California State University, Stanislaus
Carnegie Mellon University
Claremont McKenna College
Columbia University
Cornell University
CUNY Bernard M. Baruch College
Dartmouth College
Davidson College
Duke University
Georgetown University
Georgia Institute of Technology
Harvard University
Harvey Mudd College
Johns Hopkins University
Massachusetts Institute of Technology
Massachusetts Maritime Academy
New Jersey Institute of Technology
Northwestern University
Pomona College
Princeton University
Rice University
Stanford University
Swarthmore College
The Cooper Union for the Advancement of Science and Art
University of California, Berkeley
University of California, Davis
University of California, Irvine
University of California, Los Angeles
University of California, Riverside
University of California, San Diego
University of Chicago
University of Florida
University of Illinois Urbana-Champaign
University of Michigan
University of Notre Dame
University of Pennsylvania
Virginia Military Institute
Washington and Lee University
Washington University in St Louis
Wellesley College
Wesleyan University
Williams College
Yale University
For Money's complete list of the Best Colleges, go here.
For the complete methodology, click here.
SOURCE Money
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