Kiplinger's Personal Finance has cited Kalamazoo College as one of the best values in private liberal arts colleges nationwide.
The College ranked 48th in the country (and tops in Michigan) for combining "outstanding economic value with exceptional education." The magazine ranks 100 private colleges and universities according to academic quality and affordability, with quality accounting for two-thirds of the total.
Kiplinger's editor Janet Bodnar is quoted, "Families hit by the economic downturn may feel that private institutions are out of their financial reach. But they will be surprised by our findings. Most of the top-notch schools on the Kiplinger 100 offer generous financial aid packages." Kalamazoo College is one of those.
"Kalamazoo College's academic quality puts us near the top of this list."
"Most of the schools ranked above us have endowments large enough to fully fund all need-based scholarships and to provide financial aid packages with grants instead of loans," said President Eileen B. Wilson-Oyelaran. "In my opinion, Kalamazoo College's academic quality puts us near the top of this list. If we had the endowment of many of the institutions listed here, then our affordability would combine with our quality to make us number one.!"
by Jim VanSweden