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Release: Immediate

Kiplinger's ranks UI one of best values in nation

IOWA CITY, Iowa -- The March issue of Kiplinger's Personal Finance Magazine ranks the University of Iowa as one of the 10 best values among public universities nationwide.

Among the 51 schools ranked by the magazine, the UI tied the University of Washington for the ninth and 10th slots. The University of North Carolina at Chapel Hill topped the list.

The major universities in each state and the District of Columbia were rated based on four criteria, one that measured financial value and three that indicated academic quality.

"I am very pleased that we have appeared on many lists among a very select group of schools this past year for high quality at a reasonable cost," said University of Iowa President Mary Sue Coleman. "These listings confirm a rising national reputation for the University of Iowa."

To measure financial value, the magazine used a ratio of in-state tuition costs to the median household income in the state. Other criteria used for rating overall value included average scores on college entrance tests, the student-to-teacher ratio and graduation rates. Other factors included the number of library books per students and average expenditure per student.

The UI scored below average in in-state tuition costs, above average in entrance exam scores, above average in the student-to-faculty ratio and above average in graduation rates.