Pomona Named a Best Value Among Liberal Arts Colleges by Kiplinger's
Pomona College was named among the nation’s “Best Values in Private Colleges 2010-11” by Kiplinger news service today. The information will be published in the December issue of Kiplinger’s Personal Finance magazine. Pomona College switched places with Swarthmore this year, taking second after two years in the top spot.
About Pomona, the listing notes, “This highly selective school, framed by the San Gabriel Mountains, boasts strong graduation rates and one of the lowest student-to-faculty ratios in our rankings.” All five undergraduate members of the Claremont Colleges made the top 50 on the “Best Values in Private Colleges” list.
“Each of [the top three] elite schools,” writes Kiplinger reporter Jane Bennett Clark, “boasts accomplished students, small classes and strong graduation rates; each also meets the full [financial aid] need of qualified students and offers average need-based aid that exceeds $30,000 a year.”
To determine the “Best Values” list, editors start with “indicators of high quality, such as small class size, a high-achieving incoming class, a satisfied clientele (measured by how many students return after freshman year) and graduation rates that reflect the school’s ability to deliver its education -- and a degree -- within four or five years,” explains the accompanying article. That list is then reshuffled “based on affordability, including the average amount of financial aid each college bestows, the extent to which students have to borrow and the cost for families who pay full price.”
Pomona College is one of a handful of institutions committed to both need-blind admissions and to meeting the full financial aid need of its students with scholarships. Currently, 53 percent of Pomona students receive financial aid. The average financial aid package is $36,154.