FOR IMMEDIATE RELEASE
November 2, 2010
Office of College Communications
WENHAM, MA—A great liberal arts education doesn’t have to be unaffordable. In fact, Kiplinger’s Personal Finance magazine has recently listed 100 of the country’s private liberal arts colleges, many in the Ivy League, which they believe “deliver a high-quality education at an affordable price.”
Gordon College, also included on the Forbes Best Colleges list this past August, has been included in this year’s Kiplinger 100. Using data from over 600 private colleges across the country, the magazine based its findings on quality measures, such as admission and graduation rates as well as test scores of incoming first-year students. They added cost data—tuition, fees, room and board and financial aid—before ranking the institutions accordingly. The combination of quality and affordability determined which schools deserved recognition as “best value” for their top 100, and only a handful of other Christian colleges landed a spot on the list.
“Gordon is in great company on this list, reflecting our ongoing commitment to providing the best education for our students while also doing all we can to keep costs manageable,” said President R. Judson Carlberg. “I’ve always felt that the combination of our faculty—many of whom are recognized nationally in their field—along with our many programs, facilities and location reinforce the value of a Gordon education.”
According to the College Board, the average cost of one year at a four-year private school has averaged $36,000. But the net price—the cost after financial aid—puts the total out-of-pocket cost, on average, closer to $22,000. Gordon’s costs are only slightly higher than both averages.
Last year Gordon College awarded more than $13 million in financial aid opportunities to new and current students, and the number is expected to increase slightly for this year. Additionally, within five years of graduation, 65 to 70 percent of Gordon College graduates have either earned a graduate degree or are enrolled in graduate programs, and 87 percent of those same surveyed have entered full- or part-time work in their field.
The Kiplinger’s 100 list will appear in the December 2010 issue of the magazine and will be on newsstands in early November.
Gordon College is a multidenominational Christian college of the liberal arts and sciences on Boston’s North Shore, offering majors in 38 fields with graduate programs in education and music education. Gordon is nationally recognized for excellence in academics and in character building, and ranks as one of the nation’s top Christian colleges. www.gordon.edu