McDaniel College named as a “Best Bang for the Buck” by Washington Monthly

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McDaniel is the top-ranked Maryland liberal arts colleges for the third consecutive year

Westminster, Md. – For the third consecutive year, McDaniel College is the top liberal arts college in Maryland in Washington Monthly’s “Best Bang for the Buck” list.

McDaniel ranks high among the best value colleges in the Northeast recognized for doing the best job at “helping non-wealthy students attain marketable degrees at affordable prices,” according to The Monthly. McDaniel ranks No. 63 — out of 402 institutions in the 11 state Northeast region.

Washington Monthly calculates its “Best Bang for the Buck” ranking by looking at the net price of an institution, which is defined as the total cost of attendance, including books, room and board, after factoring in student financial aid (as opposed to the sticker price), the college’s graduation rate and its student loan default rate. McDaniel’s average net price is listed at $21,700, graduation rate is 72 percent and student loan default rate is 2.5 percent.

McDaniel is also among 248 liberal arts institutions evaluated by Washington Monthly in three broad categories — social mobility (recruiting and graduating low-income students); research producing cutting-edge scholarship and PhDs); and service (encouraging students to give something back to their country) — with ROTC ranked at #6 among the nation’s liberal arts institutions.

Washington Monthly, which began its rankings in 2005, rates schools based on what they are doing for the country.

Recently, MONEY magazine ranked McDaniel College among “The 50 Best Liberal Arts Colleges” and included McDaniel among the top quarter of the nation’s “Best Colleges.” McDaniel was also named a “Best Northeastern College” by The Princeton Review. Additionally, McDaniel has been recognized as a “Best Value” by Kiplinger’s Personal Finance for four consecutive years and continues to be recognized among the first tier of national liberal arts colleges by U.S. News.

For more information about McDaniel College, visit www.mcdaniel.edu.

Source: McDaniel College

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